Tariffs, trade war inflation impact to be ‘pretty ugly’ by summer, economists say

Tariffs, trade war inflation impact to be ‘pretty ugly’ by summer, economists say


Key Points
  • Economists expect that tariffs will lead to higher prices for consumers.
  • The price impact will be noticeable by summer, economists said.
  • Food prices will be among the early indicators, then physical goods, they said.
  • President Donald Trump may change course regarding policy, however.



Source

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