FEDERAL RESERVE Powell: Higher inflation likely Federal Reserver Chair Jerome Powell says the Trump
34% tariff slated for U.S. products. China has announced it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following President Donald Trump's "Liberation Day" slate of double-digit tariffs. Deal caves over levy on China.
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Fed chair: Economy is in 'good place'
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