Reported about 23 hours ago
US President Donald Trump continues to leverage tariffs to reshape trade policies, recently announcing a 10% tariff on Chinese imports and a potential 25% tariff on Canada and Mexico set to take effect on March 4. In response, China has vowed to utilize all necessary measures against these proposed tariffs, escalating fears of a trade war. As Trump's administration indicates further tariff actions, concerns grow regarding their impact on inflation and US consumer confidence.
Source: YAHOO