Tariffs pose rising inflation and rate cut risks for H2 2025 as CPI data hints at early price pressures in key goods. See why markets may be underpricing this threat.

Donald Trump signs an order imposing broad 25% tariffs on steel and aluminum imports, upending U.S. supply chains, as NFIB's index of small-business uncertainty hits its third-highest figure on ...

Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.

WASHINGTON (AP) - President Donald Trump on Monday removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. Trump also hiked his 2018 aluminum tariffs to 25% from 10%. “We were being pummeled by both friend and foe ...

Meanwhile, export trends are likely to be erratic: a short-term surge in shipments as firms race to beat new tariffs, followed by potential declines if trade barriers persist. Canada's strategic pivot to the Indo-Pacific, however, offers hope for exporters seeking new markets beyond the U.S.

In a research note, Deutsche Bank analysts contradicted the White House’s assertions that foreign exporters are on the hook for Trump’s tariffs.

While generally saying the labor market remains solid and inflation elevated but showing progress toward the Fed’s 2% annual target, the minutes reflect a mixed assessment of whether the tariffs will spur inflation or be more of a one-time hit that will not lead to higher long-term price increases.

Price inflation is moving up again, in spite of President Trump's repeated (and false) claims that prices are falling. Tariffs, though, are not inflationary.

Inflation rose again in January, ... After Trump imposed tariffs on steel in 2018, nine American tin mill steel producers shut down, according to the Can Manufacturers Institute.

U.S. automakers worry that President Donald Trump’s agreement to tariff Japanese vehicles at 15% would put them at a competitive disadvantage, saying they will face steeper import taxes on steel, aluminum and parts than their competitors,