However, the latest reading of the Consumer Price Index — which showed inflation cooling to an annual rate of 2.4% in March — lands as countries, businesses, markets and consumers grapple with America ...

Liberation Day” came and went, with President Donald Trump’s sweeping new tariffs battering markets, unsettling the global order, and prompting businesses and households to reconsider their spending.

The weighted average tariffs imposed by the US have risen from 2.4% in 2024 to 22.4% in 2025. This includes reciprocal tariffs and other tariffs announced in 2025. This will definitely have a ...