Tariff-Induced Inflation Surge May Be Temporary, Fed Official Says
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to growth.
It Is Happening Every Day, Every Where
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to growth.
The president has suggested that he will move forward with a national security investigation this week that is likely to result in tariffs on chips.
British officials also announced more financing for exporters as the country sought to protect firms hurt by tariffs.
While Democrats have widely criticized President Trump’s whipsawing trade strategy as chaotic, they’ve displayed little consensus on where the party stands on tariffs overall.
On Friday, the administration carved out an exception for a variety of electronics from the steep taxes now applied to Chinese imports.
The Trump administration is in a standoff with the Chinese government as trade tensions escalate, leaving U.S. businesses in the cross hairs
A long list of electronic products got a reprieve for now from at least some of the levies on China, which had been expected to take a toll on tech giants like Apple.
A trade war with China and tariff threats on other countries are ramping up pressure on stores that sell products from overseas — which, for some categories, is just about all of them.
Many Americans have purchased foreign-made products out of fears that companies could start to raise prices soon.
The Treasury secretary received counsel and criticism from some of his predecessors over President Trump’s policies.