Damage from Trump tariffs coming over holidays
Briana Lupea
The economic fallout from President Donald Trump 's tariffs is expected to hit during the 2025 holiday season, according to Apollo Global Management’s Chief Economist, Torsten Sløk. Inflation expected to peak in November or December Sløk says the tariffs announced under Trump’s trade policies are driving up consumer prices and could push inflation to a high point late this year. In a recent interview with Bloomberg , he pointed to consensus inflation forecasts showing continued price increases
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