
U.S. Tariff Threats Backfire on Consumers and Exporters
U.S. tariff threats have triggered a global domino effect: higher prices, rising inflation, job cuts, and retaliatory duties, proving that trade war policies can backfire at home.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
U.S. tariff threats have triggered a global domino effect: higher prices, rising inflation, job cuts, and retaliatory duties, proving that trade war policies can backfire at home.
US tariffs are backfiring, driving egg prices to $6.23, inflating drug bills by $51B, and denting consumer sentiment. How trade policy is hitting American wallets.
New U.S. tariffs aim to revive industry but risk driving up prices for shoppers and reshaping global supply chains.
Argentina’s shops face soaring inflation despite receiving the first chunk of a $20bn IMF loan aimed at stabilizing the economy.
New analysis warns that reciprocal tariffs could fuel inflation and recession risks in the U.S., urging a reexamination of trade policies.
China’s CPI improved in March with a milder -0.1% drop and core inflation rising 0.5% amid policy boosts.
Official data shows China’s CPI edged down 0.1% in March, hinting at steady consumer prices amid evolving economic trends.
Escalating tariffs drive U.S. consumers to stock up on essentials amid rising cost fears.
US shoppers are bulk-buying essentials as Trump’s new tariffs raise fears of higher prices and a potential recession.
Expert warns Trump’s tariffs may spark inflation and recession as global markets fall and layoffs increase.