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Trump Seeks Tax Hike on Those Making $2.5 Million or More
Federal Reserve's Barr warns: tariffs raise inflation and slow down the economy, the Federal Reserve may find itself in a dilemma.
1. Federal Reserve Board member Michael Barr warned that the trade policies of the Trump administration could raise inflation, slow economic growth, and increase unemployment, posing challenges for policymakers; 2. Barr believes that tariffs may disrupt global supply chains, creating sustained upward pressure on inflation and potentially exacerbating supply chain chaos.
Trump Team Hopes to Lower Tariffs in China Talks
Tariffs News: Trump Suggests China Tariffs Could Be Lowered
US Morning News Call | Trump Says Weekend China Talks Could Yield Tariff Cut
Express News | Dow Jones futures turn lower after President Trump suggests an 80% tariff on China "seems right".