Trump’s tariff plans may ‘derail’ US inflation progress: Yellen

Trump’s tariff plans may ‘derail’ US inflation progress: Yellen …C0NTINUE READING HERE >>>

US Treasury Secretary Janet Yellen warned that President-elect Donald Trump’s sweeping tariff proposals could raise prices for consumers and pressure firms.
Photo: Allison ROBBERT / AFP/File
Source: AFP

US President-elect Donald Trump’s proposals to impose sweeping tariffs on imports could counter earlier efforts to cool inflation, Treasury Secretary Janet Yellen said Tuesday, warning that consumer prices could rise.

Her comments at the Wall Street Journal’s CEO Council Summit come as…

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