The Associated Press on MSN11d
Inflation, looming trade war take a toll as confidence of the U.S. consumer tumblesU.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday.
In February, employment in Canada was largely unchanged, with a modest increase of 1,100 jobs. The labour force participation rate declined to 65.3 per cent, while the unemployment rate remained steady at 6.6 per cent.
· 5d · on MSN
China vows to ‘fight till the end’ as Trump escalates trade war
Trump Has Begun Another Trade War. Here’s a Timeline of How We Got Here
Trump is no stranger to tariffs. He also launched a trade war during his first term in office, but has more sweeping plans now. Economists stress there could greater consequences on businesses and economies worldwide this time — and that higher prices will likely leave consumers footing the bill.
· 10h
China Learned From Trump's First Trade War and Changed Its Tactics When Tariffs Came Again
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.
Even before Donald Trump shattered the idea of a western alliance over the weekend, an uneasy spectre had begun to roil through the global economy, with troubles brewing on at least three fronts.
Inflation is heating up, a trade war is brewing and American consumers aren’t feeling great about the economy. That’s a toxic mix for businesses.
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
4don MSN
China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds.
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