A majority of Americans — regardless of party affiliation — have made it crystal clear in poll after poll: They’re not on board with President Donald Trump’s tariff-heavy agenda. It’s also an open question as to whether the president is legally able to impose the levies. But none of that has stopped him. Instead, he’s preparing to roll out a slew of higher tariffs this week and has made fresh threats that more are still to come.
That’s even as inflation has reaccelerated and could get even hotter as businesses warn of more price increases. The US labor market is also sputtering under the weight of tariffs, with employers hesitating to take on more workers amid heightened economic uncertainty.
At the same time, stocks are near all-time highs; and mortgage rates
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