Published 17 hours ago • loading... • Updated 3 hours ago

Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests

The Federal Reserve's Atlanta branch projected that the economy would shrink 1.5 percent at an annual rate in the January-March quarter.
Donald Trump announced he would impose 25 percent duties on imports from Canada and Mexico, and double tariffs on Chinese imports to 20 percent.
Concerns exist about tariffs potentially pushing up inflation or slowing the economy, leading to a negative impact on consumer confidence.
Tariff concerns are driving down consumer confidence, reversing previous gains made after the election.

Insights by Ground AI

Does this summary seem wrong?

18 Articles

All

Left

Center

Right

KOIN 6

Oregon sees chance to boost trade ahead of tariffs

Oregon lawmakers proposed two bills to boost trade and international relations ahead of Trump's tariffs against Mexico, Canada, and China.

3 hours ago·Portland, United States

Read Full Article

Mason City Globe Gazette

+3 Reposted by 3 other sources

Tariff threats and uncertainty could weigh on consumers, report suggests

The Federal Reserve's Atlanta branch projected the economy would shrink 1.5% at an annual rate in the January-March quarter.

3 hours ago

Read Full Article

The Globe & Mail

Joly says Canada open to discussing U.S. proposal to match tariffs on China

U.S. Treasury Secretary Scott Bessent said Mexico had proposed the idea and he suggested Canada should copy it, as both countries try to fend off looming U.S. tariffs

5 hours ago·Canada

Read Full Article

The Baltimore Sun

Uncertainty triggered by inflation and tariff fears lingers over US economy

The U.S. economy is facing a wave of uncertainties in 2025 with some troublesome data on inflation and consumer expectations after finishing last year on strong footing with low unemployment and continued growth despite high interest rates from the Federal Reserve. Uncertainty is the main obstacle facing the economy as consumers and businesses try to decipher what the effect of potential tariffs and trillions in tax cuts might have on prices and…

5 hours ago·Baltimore, United States

Read Full Article

Hindustan Times

US Treasury chief pushes Canada, Mexico to match tariffs on China

6 hours ago·New Delhi, India

Read Full Article

MarketWatch

What else can Canada and Mexico do to avoid Trump’s tariffs? America’s neighbors may slap new tariffs on China.

As traders worldwide wait to see if U.S. President Donald Trump once again holds off on putting new tariffs on Canada and Mexico, the head of the U.S. Treasury Department has highlighted one potentially promising avenue for America’s neighbors.

6 hours ago·United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year