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US Fed Chair warns tariffs will likely raise inflation, cool growth
US Fed Chair warns tariffs will likely raise inflation, cool growth
Business and Economy
by  AFP

US President Donald Trump's tariffs risk higher unemployment and will likely cause inflation to rise and growth to slow, Federal Reserve Chair Jerome Powell said Friday. Ahead of Powell's speech on Friday, Donald Trump took to his Truth Social account to insist that his tariff policy would not change despite the market reaction, and called on Powell to act.

How can the EU respond to Trump tariffs?
How can the EU respond to Trump tariffs?
Business and Economy
by  AFP

The EU has said "everything is on the table" as it readies its response -- including possibly targeting US Big Tech and taxing more American goods -- to President Donald Trump's sweeping new tariffs should talks with Washington fail.