Yellen says Trump's tariffs could derail US inflation progress, raise costs
U.S. Treasury Secretary Janet Yellen said on Tuesday she was worried that President-elect Donald Trump's plans to levy broad import tariffs could derail progress in quelling inflation and raise costs for households and businesses.
Donald Trump can’t promise the sweeping set of tariffs he has threatened to impose on the nation’s major trading partners won ...
Tariffs, which may be well-intentioned tools for protectionist policies, have historically tended to raise consumer prices.
Trump and his allies, including his choice for Treasury Secretary, Scott Bessent, have argued that his first-term tariffs didn't boost inflation ... appears on CBS News 24/7 to discuss her ...
President-elect Donald Trump this week vowed to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., promising to bolster the domestic steel industry with t ...
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