tariffs, prices and inflation
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US stocks end mixed after June inflation data and mixed earnings pressured the Dow and S&P 500. Nvidia powers Nasdaq to record high.
The Indian rupee is set to open weaker on Wednesday after June U.S. inflation data hinted at tariff-driven price pressures, prompting markets to scale back bets of Federal Reserve rate cuts and pushing the dollar and U.
"It’s all going to be the same for everyone," the president told reporters of the U.S. duty those countries will face.
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.
As inflation rises up once again, the White House is doubling down on its tariff plans for countries around the world. President Trump claims Americans could see savings soon.
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10 Companies That Will Raise Prices in the US Because of Trump’s TariffsPresident Donald Trump announced his new "America First" trade agenda following his inauguration in January 2025. This trade agenda outlined his plans to overhaul the US trade system, including a universal 10% tariff on all goods imported into the United States.