Reported about 9 hours ago
President Trump's newly announced tariffs on imports from Canada, Mexico, and China may not significantly impact inflation, according to Mizuho Americas chief economist Steven Ricchiuto. He argues that previous tariffs in 2018 did not have the expected effect, and the current global economy is weaker with more excess supply. Despite concerns, inflation remains low as the Federal Reserve focuses on full employment, and price adjustments will likely be absorbed by changes in margins and currency appreciation.
Source: YAHOO