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Economy

Economy  |  Josh Boak, Associated Press  • 
April 3, 2025

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

President Trump placed the elevated tariff rates on dozens of nations that run meaningful trade surpluses with the United States, while imposing a 10% baseline tax on imports from all countries.
Economy  |  Christopher Rugaber, Associated Press  • 
March 28, 2025

US inflation remained elevated last month as consumer spending recovered

Friday’s report from the Commerce Department showed that consumer prices increased 2.5% in February from a year earlier, matching January’s annual pace.