Warren Presses Lutnick on Trump's Tariff Impact on Prices

Reported 5 days ago

Senator Elizabeth Warren has queried Commerce Secretary Howard Lutnick on how the Trump administration intends to prevent companies from exploiting tariffs to unjustifiably raise prices. In a recent letter, Warren expressed concern over the chaotic application of tariffs and cited Federal Reserve Chair Jerome Powell's warning that Trump’s trade policies could lead to price increases across various goods, even those without new tariff implications.

Source: YAHOO

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