President Donald Trump has imposed sweeping tariffs on major U.S. trading partners, raising concerns over higher consumer prices, economic uncertainty, and potential retaliation from Canada, Mexico, and China. Lawmakers, business leaders, and economists warn of potential economic fallout.
Tag: inflation
Vigilance Needed: Emerging East Asia at Risk from Higher Interest Rates, says ADB
Governments and central banks in emerging East Asia must remain vigilant against potential financial risks associated with higher interest rates, warns a report by the Asian Development Bank (ADB).