Analysis: Trump’s Tariffs Reshape U.S. Trade

Expansion

Factuality

Ownership

U.S. companies and consumers are taking the worst part of the country’s new import tariffs, according to early indications, which contradicts President Donald Trump’s claims and complicates the Federal Reserve’s fight against inflation. Total impact yet to be felt Trump predicted that foreign countries would pay the price of their protectionist policies, betting that exporters would absorb the cost just to stay in the world’s largest consumer ma…