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“It feels like it’s been psychological torture,” said Daniella Velazquez de León, general manager of Organics Unlimited.
Consumers have been saying how fed up they are with inflation. But they keep on buying stuff, says Stephen Brown at Capital Economics.
Tariffs, uncertainty for businesses and consumer caution make a slowdown more likely, some economists say.
Economists say that if foreigners buy fewer American goods, then the federal government needs to spend less, but that’s not happening.
When prices go up for foreign steel and aluminum because of tariffs, domestic producers are given a sort of green light to raise their own prices.
Ship traffic is back to about 90% of where it was prior to the bridge collapse.
The Trump administration’s tariffs are likely to slow down the U.S. economy, making U.S. companies and government bonds a less attractive asset. International investors have started to think about investing elsewhere.
Manufacturers are optimistic, partly because of tariffs. In services, execs are glad the winter is over but not bullish on the full year.
With trade U.S. agreements in the balance, Mexican authorities make a show of stemming the flow of illegal imports.
Copper prices have surged to their highest level in nearly 10 months. What does this tell us about the overall economy?