Alicia Summers
Trump’s Reciprocal Tariffs Shake Up Trade As Inflation Stays Hot
President Trump has announced new reciprocal tariffs set to take effect in April, aiming to match the import taxes other countries impose on U.S. goods.
President Trump has announced new reciprocal tariffs set to take effect in April, aiming to match the import taxes other countries impose on U.S. goods.
Inflation rose for the second consecutive month in November, with the Consumer Price Index (CPI) showing a 2.7% annual increase—still above the Federal Reserve’s 2% target.