Officials Warn of Rising Inflation From Trump Tariffs Impact

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.


winnipegfreepress.com / A timeline of US-China tit-for-tat tariffs since Trump’s first term

thehub.ca / The Think Tank: Trump’s economic war against the world

The post The Think Tank: Trump’s economic war against the world appeared first on The Hub.

winnipegfreepress.com / US consumers rush to buy big-ticket items before Trump’s tariffs kick in

citynews.ca / King Charles III showing subtle signs of support for Canada amid trade war with U.S.

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.

nationalpost.com / China halts nearly completed U.S. TikTok deal after steep Trump tariffs announced

'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

citynews.ca / Farmers fear tariffs could cost them one of their biggest markets in China

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.

winnipegfreepress.com / Farmers fear tariffs could cost them one of their biggest markets in China

theglobeandmail.com / Uncertainty looms over research conference as U.S. science cuts and tariff tensions mount 

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

winnipegfreepress.com / Retirees keep their eyes on the economy as Trump’s tariffs roil financial markets

globalnews.ca / Trump tariff impacts ‘significantly larger than expected’: U.S. Fed chair

U.S. Federal Reserve Chair Jerome Powell warned that Donald Trump's tariffs will likely lead to higher inflation and slower economic growth.

nationalpost.com / Premiers meeting with U.S. officials helped Canada avoid worse Trump tariffs: Scott Moe

'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

torontosun.com / Federal Reserve chief says Trump tariffs likely to raise inflation and slow U.S. economic growth

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.

citynews.ca / Canadian investors should ‘stay the course’ amid tariffs: Financial expert

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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