Latest in Powell warns Trump's tariffs expected to hike inflation
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Powell warns Trump's tariffs expected to hike inflation
The remarks came as U.S. stocks plummeted over an escalating trade war.ABC News - 16h -
Powell warns Trump tariffs, risks are 'significantly larger than expected'
Federal Reserve Chair Jerome Powell said Friday that the size and potential economic harm of President Trump's new tariffs were far larger than anticipated, raising new challenges as the bank ...The Hill - 18h -
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”The New York Times - 17h -
Fed chair says Trump tariffs will likely raise inflation, slow economy
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth.CBS News - 14h -
Chinese manufacturers warn of price hikes after tariffs
A manufacturer in China that makes apparel for the American market is warning of a price increase after President Trump’s announcement on tariffs. NBC News' Janis Mackey Frayer visits one of the ...NBC News - 1d -
Pence on Trump tariffs: 'Largest peacetime tax hike in U.S. history'
Former Vice President Mike Pence warned about the economic and political risks of the Trump administration’s sweeping reciprocal tariffs on other nations, calling them the “largest peacetime tax ...The Hill - 1d -
Tech group CEO: Trump tariffs will 'drive inflation,' 'kill jobs'
The head of the Consumer Technology Association (CTA) warned that President Trump’s sweeping tariffs will “drive inflation” and “kill jobs,” risking a recession in the U.S. Trump announced his ...The Hill - 1d -
Trump’s Tariffs Put the Fed in an Impossible Corner
Stakes are rising as Jerome Powell weighs recession concerns with inflation fears.Inc. - 20h -
Powell sounds mildly hawkish in post ‘liberation day’ comments
Fed chair emphasises that ‘significantly larger than expected’ tariffs may lead to ‘more persistent’ inflationFinancial Times - 16h -
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.The New York Times - 22h -
Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
The S&P 500 index dropped 2 percent as investors weighed hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.The New York Times - Mar. 28 -
Big Tech, banks and small caps end week in bear market territory
Fed chief Jay Powell warns that Trump’s levies will slow US growth and increase inflationFinancial Times - 13h -
Trump, Powell at odds over tariff fallout
Presented by National Council on Aging {beacon} Trump pressures Powell; Dow drops 2k points President Trump and Federal Reserve Chair Jerome Powell shared vastly different views Friday on the ...The Hill - 12h -
Trump’s tariffs will likely mean ‘higher inflation and slower growth’, says Fed chair
While the US economy remains robust, Jerome Powell cautions there is high uncertainty over its direction. US politics live – latest updates Donald Trump’s global tariffs assault is set to ...The Guardian - 17h -
Higher inflation, shaky markets: What to expect from Trump's tariff policies, according to economists
Trump's tariffs are likely to roil the economy, experts say. But they shouldn't derail your long-term plans.CNBC - 1d -
Watch live: Powell speaks on economy after Trump announces reciprocal tariffs
Federal Reserve Chair Jerome Powell is set to give remarks Friday morning on the state of the economy, just days after President Trump announced new tariffs on nearly all foreign imports. Powell's ...The Hill - 19h -
Powell sees tariffs raising inflation and says Fed will wait before further rate moves
Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced WednesdayCNBC - 16h -
Euro zone inflation dips to 2.2% in March as U.S. tariffs loom
Euro zone inflation dipped to 2.2% in March, as expected, according to flash data from statistics agency Eurostat published Tuesday.CNBC - 3d -
Should you buy a new car before auto tariffs take effect?
Tariffs are expected to hike prices by thousands of dollars per vehicle.ABC News - 6d -
Tariff-wary buyers scoop up vehicles before the 'storm' hits car prices
Consumers are hitting the gas on car purchases to head off expected price hikes from Trump’s new tariffs, which threaten to reverse recent momentum in auto sales.NBC News - 2d -
Americans’ Reactions to Trump’s Tariffs Range From Worried to Enthusiastic
Critics warned that the levies could fuel inflation and slow economic growth, while those who supported the move said it was long overdue.The New York Times - 2d -
Senate Democrat warns of ‘catastrophic’ consequences to Trump tariffs
Sen. Ed Markey (D-Mass.) warned Tuesday of “catastrophic” consequences to President Trump’s tariff plans. “To have an all out war with Canada, with every country in the world, who was a major ...The Hill - 3d -
Trump expected to announce plans for reciprocal tariffs
Watch live coverage as President Trump is expected to announce his plans for reciprocal tariffs at a White House event.NBC News - 2d -
Trump tariffs live: US stocks plummet in after-hours trading as experts warn Americans could see higher costs
Dow futures have fallen more than 1,000 points in hours after Trump’s tariff announcement; business leaders warn of fallout from Trump’s trade war. Full report – Trump announces sweeping new ...The Guardian - 2d -
Ahead of Trump's auto tariffs, are U.S. consumers rushing to buy cars?
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.CBS News - 1d -
‘I call it termination day’: Ontario premier warns about implications of Trump’s tariff announcement
President Donald Trump promised a new slate of tariffs will go into effect on April 2. Ontario Premier Doug Ford discusses Canada’s plan to retaliate to the new U.S. tariffs and warns Americans ...NBC News - 3d -
Bond investors bet that tariffs will inflict deep damage
Despite inflation concerns, slowing growth raises expectations of rate cutsFinancial Times - 16h -
‘Scary times’: New York shopkeepers plan ‘astronomical’ price hikes under Trump tariffs
Small businesses that import goods brace for steep price increases that they have to pass on to their customers. People in the US: how have your shopping habits changed due to Trump’s tariffs? ...The Guardian - 19h -
UK expects to be hit by Trump tariffs, No 10 says
Downing Street does not rule out retaliating if new tariffs are imposed on Wednesday.BBC News - 4d -
Trump to announce new tariffs and Susan Crawford wins in Wisconsin race: Morning Rundown
Donald Trump is expected to announce new tariffs.NBC News - 2d -
Europe warns of "strong plan to retaliate" ahead of new Trump tariffs
European Union already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs.CBS News - 3d -
Fed chair warns of inflation risk as EU trade chief tells US ‘tariffs are damaging, unjustified’ – US politics live
Federal Reserve chair says ‘we face a highly uncertain outlook’; Maroš Šefčovič, the EU’s trade commissioner, says he held ‘frank’ talks with US trade officials . People in the US: how have your ...The Guardian - 13h -
Trump is planning on more tariffs on April 2. Here's what to expect.
Here's what to know about tariffs ahead of President Trump's plans to announce new import duties on April 2.CBS News - 2d -
Trump expected to announce new sweeping tariffs on April 2
Ahead of President Trump’s promised tariff announcement on April 2, details on the specifics are still scant. The president has already announced a 25% tariff on imported cars and auto parts. NBC ...NBC News - 4d -
Japan Lacks a ‘Viable Option’ for Retaliating to Trump’s Tariffs
Japan has refrained from talk of striking back at U.S. tariffs. Trade experts say that is because its inflation-strained economy limits its options.The New York Times - 2d -
Trump's reciprocal tariffs a 'double-edged sword': Sen. Ron Johnson
Trump promised the tariffs will bring about "the golden age of America," but economists have warned a recession could happen.The Hill - 22h -
Trump shows his hand on tariffs
Presented by National Council on Aging {beacon} Trump set to reveal sweeping tariff plans President Trump’s long-awaited day of reciprocal tariffs has arrived. The president is expected to ...The Hill - 2d -
Watch Fed Chair Jerome Powell speak live on interest rates and tariffs
Powell speaks Friday to the Society for Advancing Business Editing and Writing conference in Arlington, Va.CNBC - 18h