Economist Warns Trump’s Tariffs Could Impact Your Wallet
TL;DR Summary
Top economist Torsten Slok warns that President Trump's tariffs are likely to cause rising inflation and higher consumer prices, peaking around November or December, potentially leading to stagflation and impacting interest rates and wages, especially in industries with undocumented workers.
- Will Trump’s policies soon affect your wallet? Leading economist shares alarming prediction NJ.com
- The Economy Seems Healthy. Were the Warnings About Tariffs Overblown? The New York Times
- Trump Effect Starts to Show Up in Economy - WSJ The Wall Street Journal
- Here's when a top economist says the US will see the most damage from Trump's tariffs Business Insider
- Trump Trade News: Tariffs Show Up in More Economic Data Barron's
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