New tariffs announced on imported goods, coupled with a weak U.S. jobs report, are fueling expectations of interest rate cuts and causing economic concerns.
1 report, 1 independent
Updated Aug 2
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What happened
New tariffs announced on imported goods, coupled with a weak U.S. jobs report, are fueling expectations of interest rate cuts and causing economic concerns.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Escalating tariffs in the trade war are impacting lumber imports, increasing housing costs, and slowing construction.Sub-event
Tariffs and weak labor market signal economic fragility and FED policy expectations.1 source
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The entities involved
- White House
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FED
business
Related events
- Tariffs increase costs and trade pressures.
- Trade war complicates the Fed's decision on rate cuts as Trump threatens to raise auto tariffs on Canadian imports.
- Tariffs affect price levels while the closure of the Strait of Hormuz disrupts energy supply, prompting monetary policy reactions.
- The White House and the Board of Trade agreed on favorable tariff treatment.
- Trump links trade deficit to Fed rate cuts following a strong jobs report, fueling rate hike speculation.
Coverage
Newest first; wire copies grouped- StockStoryFive Below, Gap, Victoria's Secret, American Eagle, and Designer Brands Stocks Trade Down, What You Need To Know A number of stocks fell in the afternoon session as the broader market tumbled in the