Trump Tariffs Raise Inflation Following 2025 Implementation
Global markets experienced significant volatility in 2025 as investors reacted to Donald Trump returning to power and his subsequent trade shifts.European defense stocks and U.S. mortgage firms rallied following plans to reduce Ukraine funding and reform federal housing agencies.These developments coincided with average import tariffs jumping from 2 percent to 18 percent, which increased national inflation by 0.7 percentage points.
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