Trump’s threatened tariffs could spike cost of living, complicating Fed's path forward Related news
Lucian Nemoiu
ANKARA US President-elect Donald Trump’s latest threats to impose sweeping new tariffs on imports, particularly from China, are raising alarms over their potential to significantly hike the cost of living for American families. According to a recent report from the National Retail Federation, the proposed tariffs could slash consumers' spending power by up to $78 billion annually, impacting goods found in nearly every US household. While some relief might come from alternative sourcing or
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