Inflation ticks higher as Trump’s tariffs kick in Politico Consumer prices rise 2.7% annually in July, less than expected amid tariff worries CNBC Tariff-driven inflation accelerating with ‘worst yet to come,’ AEI’s Michael Strain says PBS Inflation holds steady, but Trump’s tariffs are boosting some prices CNN Cheaper gasoline restrains US consumer prices; worries about data quality rise Reuters Source link
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US prices continued rise in July as Trump tariffs impact consumer costs | US economy
US prices continued to rise in July, according to key economic data released on Tuesday, as Donald Trump’s international tariffs shakeup started to impact consumer costs. Prices were 2.7% higher last month compared with a year ago, according to the consumer price index (CPI), which measures the prices of a basket of goods and services. Though inflation dipped down in …
Read More »US budget deficit climbs despite record income from Trump’s tariffs
WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to Treasury Department data released Tuesday. The U.S. saw a 273% increase — or $21 billion — in customs revenue in July over the same period last year, the …
Read More »Trump Mocks Goldman CEO, Says Bank Made Bad Call on Tariffs – Bloomberg.com
Trump Mocks Goldman CEO, Says Bank Made Bad Call on Tariffs Bloomberg.com ‘Just Focus on Being a DJ’—Trump Attacks Goldman CEO Over Tariffs The Wall Street Journal Trump blasts Goldman over tariff forecasts, tells David Solomon to ‘focus on being a DJ’ Yahoo Finance Trump mocks Goldman Sachs CEO David Solomon: ‘Maybe, he ought to just focus on being a DJ’ Business Insider Trump …
Read More »In the time of tariffs, Nvidia and AMD cut unusual deals with Trump | Nvidia
Hello, and welcome to TechScape. My Spotify playlists are undergoing a British invasion this week. Here’s what I’m listening to: PinkPantheress, Lola Young and Evita in London. Privileges with the president Donald Trump announced this week that two US chipmakers would tithe 15% of their revenue from sales in China to the US government. Paying for the license to sell …
Read More »Trump feels squeeze from tariffs – The Hill
Trump feels squeeze from tariffs The Hill Trump’s tariffs hit Main Street as small businesses raise prices Financial Times US Consumers Will Bear the Brunt of Tariff Costs, Goldman Says Bloomberg.com Tariffs increased food and clothing costs in May and June Quartz Layoffs? Price Increases? Companies Make Hard Choices as Trump’s Tariffs Set In. The New York Times Source link
Read More »CPI Report Live Updates: Inflation Data Likely to Show Deepening Impact of Trump’s Tariffs – The New York Times
CPI Report Live Updates: Inflation Data Likely to Show Deepening Impact of Trump’s Tariffs The New York Times Inflation’s perfect timing Politico Inflation report may show consumer prices rising NBC News Inflation is expected to have crept up again in July The Washington Post Traders brace for the big July CPI number. Here’s what JPMorgan thinks may happen CNBC Source link
Read More »Why Trump’s tariffs haven’t gotten Brazil to cave – Politico
Why Trump’s tariffs haven’t gotten Brazil to cave Politico Trump’s sweeping new tariffs take effect against dozens of countries BBC The unprecedented feud between the US and Brazil Financial Times Trump tariffs: US imposes new levies worldwide as trade war widens Reuters Brazil Clamped Down on Big Tech. Trump’s Tariffs Could Change That. The New York Times Source link
Read More »CPI Likely to Show Rising Inflation as Trump’s Tariffs Lead to Price Hikes – The New York Times
CPI Likely to Show Rising Inflation as Trump’s Tariffs Lead to Price Hikes The New York Times Inflation report may show consumer prices rising, but the wild card is Trump NBC News US consumer prices likely increased marginally in July; data quality concerns rising Reuters US Consumers Will Bear the Brunt of Tariff Costs, Goldman Says Bloomberg.com Traders brace for the big July CPI …
Read More »Brazil Clamped Down on Big Tech. Trump’s Tariffs Could Change That. – The New York Times
Brazil Clamped Down on Big Tech. Trump’s Tariffs Could Change That. The New York Times Why Trump’s tariffs haven’t gotten Brazil to cave Politico Trump’s sweeping new tariffs take effect against dozens of countries BBC The unprecedented feud between the US and Brazil Financial Times Trump tariffs: US imposes new levies worldwide as trade war widens Reuters Source link
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