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Trump senior counselor says new tariffs designed to end China’s grip on US supply chains
White House Counselor for Trade and Manufacturing Peter Navarro told ‘Mornings with Maria’ that President Donald Trump’s tariffs will cut U.S. reliance on China, rebuild supply chains and protect national security through tough trade policy. President Donald Trump is taking further aim at America’s reliance on foreign partners, which his senior counselor on trade claims […]
August PCE: Fed’s favored inflation gauge shows consumer prices remain elevated
Former J.P. Morgan Chase chief economist Anthony Chan discusses Treasury Secretary Scott Bessents prediction of a sharp drop in inflation on Varney & Co. The Federal Reserve’s preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening labor market following last […]