Reported 1 day ago
U.S. Treasury Secretary Janet Yellen expressed concerns that President-elect Donald Trump's proposed import tariffs could impede efforts to control inflation and increase costs for consumers and businesses. During a Wall Street Journal event, she highlighted potential price hikes from Trump's tariffs on Chinese imports and raised concerns over U.S. fiscal sustainability, urging Congress to find ways to manage the budget and prevent excessive debt growth.
Source: YAHOO