N@N

US inflation cooled in February, but Trump's tariff plans and trade war loom

The article from MSN discusses the recent trends in U.S. inflation and the potential economic impacts of former President Donald Trump's proposed tariff policies should he return to office. Inflation in the U.S. showed signs of cooling in February, with the consumer price index (CPI) rising by 0.4% from January, which was slightly below expectations. This slowdown in inflation comes amidst discussions about Trump's plans for imposing new tariffs, particularly a 10% across-the-board tariff on imports and a 60% tariff on Chinese goods. These policies could reignite trade tensions, potentially leading to higher costs for consumers and businesses, and might counteract the Federal Reserve's efforts to manage inflation through monetary policy. The article also mentions that while inflation has been decreasing, the threat of a trade war could complicate economic recovery and stability, with experts expressing concerns over the potential for increased prices and economic uncertainty.

Read the Full CNN Article at:
[ https://www.msn.com/en-us/money/markets/us-inflation-cooled-in-february-but-trump-s-tariff-plans-and-trade-war-loom/ar-AA1ALxHz ]