A study shows tariffs are changing US consumer behavior. Many are cutting spending, compromising on groceries, and value brand transparency regarding price increases due to tariffs. Openness is key.
US & China trade face tensions over tariffs. China warns against reigniting trade war and threatens retaliation. Dialogue and collaboration are crucial. Averages are US 51.1% and China 32.6%.
Treasury Secretary Bessent addresses leading both Treasury & Fed, tariff impacts, and a replacement for Fed Chairman Powell. Tariffs may cause a one-time cost bump but shouldn't increase inflation long-term.
US CEOs worry about recession due to trade war uncertainty and China tensions. Tariffs could upend the economy, impacting US firms and global markets. A potential 'Deal of the Century' remains a slim hope.
Trump criticizes the Fed and Powell, raising concerns about the Fed's independence and potential market turmoil. Tariffs, interest rates, and economic growth are key issues.
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