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Trump’s Tariffs on Mexico, Canada, China Would Sock Economy, Lift Inflation

Posted on the 01 February 2025 by Phil's Stock World @philstockworld

The tariffs that President Donald Trump said he'll impose Saturday on imports from Canada, Mexico and China would reignite inflation and deal a significant blow to an economy that has been chugging along, economists said. The Federal Reserve's preferred annual inflation measure, which was at 2.8% in ...

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