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Trump’s tariff push is a race against time, and potential voter backlash

时间:2010-12-5 17:23:32  作者:Interviews   来源:Basketball  查看:  评论:0
内容摘要:Miller also spoke about the exhibit at a press preview Monday morning, at which the Met’s CEO, Max Hollein, announced the gala had raised a record $31 million — the first time the fundraiser for the museum’s Costume Institute has crossed the $30 million mark and eclipsing

Miller also spoke about the exhibit at a press preview Monday morning, at which the Met’s CEO, Max Hollein, announced the gala had raised a record $31 million — the first time the fundraiser for the museum’s Costume Institute has crossed the $30 million mark and eclipsing

“Obviously, there’s no place in this league for that,” Reese said at that time. “I think the WNBA and our team and our organization has done a great job supporting me. ... Going through this whole process, if it can happen to me, it can happen to anyone.”AP Basketball Writer Doug Feinberg in New York and AP Sports Writer David Brandt in Phoenix contributed to this report.

Trump’s tariff push is a race against time, and potential voter backlash

NEW YORK (AP) — Executives at some of the world’s biggest companies are faced with the tricky task of explaining how President Donald Trump’s tariffs are impacting their business as they discuss the latest financial results. Some are making their best estimate based on what they know at the moment; others are pulling their outlooks altogether.The only certainty is that they’ll use a variation of the phrase “uncertain times” at least once as they speak with analysts., while also postponing other tariffs to give companies a chance to negotiate. The process has left business and consumers uncertain amid a constantly shifting landscape. Over the last few months, tariffs have been announced and in some cases withdrawn within days.

Trump’s tariff push is a race against time, and potential voter backlash

Here’s what some of those companies are saying:Kraft Heinz is cutting its earnings forecast for the year, citing a volatile environment.

Trump’s tariff push is a race against time, and potential voter backlash

The maker of food staples, including its namesake ketchup and boxed macaroni & cheese, is under pressure along with other food companies

. Tariffs could force companies to raise prices on consumer staples and food products, further fueling inflation.Asked at the press conference whether Trump’s calls for lower rates has any influence on the Fed, Powell said, ”(It) doesn’t affect doing our job at all. We’re always going to consider only the economic data, the outlook, the balance of risks, and that’s it.”

If the Fed were to cut rates, it could lower other borrowing costs, such as for mortgages, auto loans, and credit cards, thoughA big issue facing the Fed is how tariffs will impact inflation. Nearly all economists and Fed officials expect the import taxes

, but it’s not clear by how much or for how long. Tariffs typically cause a one-time increase in prices, but not necessarily ongoing inflation.For now, the U.S. economy is mostly in solid shape, and inflation has cooled considerably from its peak in 2022. Consumers are spending at a healthy pace, though some of that may reflect buying things like cars ahead of tariffs. Businesses are still

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