U.S. Federal Reserve Chair Jerome Powell and Canadian officials warn that Donald Trump’s broad tariffs may trigger steeper inflation and sluggish growth. Policymakers are meeting to mitigate the unexpected economic fallout while experts urge maintaining course amid market uncertainty.
The post The Think Tank: Trump’s economic war against the world appeared first on The Hub.
Canada is caught in tension with the U.S. over trade and faces annexation threats from President Trump, while a McMaster University historian notes subtle supportive signals from King Charles III, creating a complex dilemma for the nation.
'We do not want TikTok to "go dark",’ Trump wrote on Truth Social, suggested that the U.S. could provide tariff relief in exchange for Beijing’s approval
U.S. farmers, hoping for modest profits by controlling high costs, now risk losing their largest export market as China retaliates against U.S. policies.
Across the Great Lakes, researchers fear the Trump administration’s blunt orders to downsize government could endanger critical monitoring programs on both sides of the border
U.S. Federal Reserve Chair Jerome Powell warned that Donald Trump's tariffs will likely lead to higher inflation and slower economic growth.
'I wouldn't say (the outcome) is successful, but I would say that it is seeing a relatively positive outcome ... relative to many other nations,' Scott Moe said
Powell warned that the Trump administration’s broad tariffs could raise inflation and slow U.S. economic growth, with their impact being much greater than initially expected.
Amidst ongoing tariff drama, the tumbling stock market and declining oil prices, people may be panicking.
13 stories from sources in 15.4 hour(s) #economy #budget #trade #us-relations #global-trade #business #consumer #environment #tariffs
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