Economists were expecting US wholesale inflation to heat up in March, with the Producer Price Index accelerating to a 3.3% annual rate from 3.2% in February.
Luke Sharrett/Bloomberg/Getty Images
Another inflation report underlines the strength of the US economy before Trump’s tariff chaos
President Donald Trump’s volatile trade war, which threatens higher inflation, has significantly weighed on Americans’ moods these past few months.
David Paul Morris/Bloomberg/Getty Images
US consumer sentiment plummets to second-lowest level on records going back to 1952
Economists expected that inflation would slow to 2.6% annually, as measured by the Consumer Price Index.
Angela Weiss/AFP/Getty Images
US inflation cooled to a six-month low in March, but tariff pressures are quickly mounting
A drone view shows containers on the day President Donald Trump announced new tariffs at the Port of Baltimore, Maryland, on April 2, 2025.
Evelyn Hockstein/Reuters
The next round of Trump’s tariffs could hurt even more. Here’s what to expect
A worker drives a front loader at a lumber mill in Elmsdale, Nova Scotia, Canada March 25, 2025.
Blair Gable/Reuters
US plans to hike existing duties on Canadian lumber — even before planned tariffs hit
Federal Reserve Chairman Jerome Powell speaks at the SABEW Annual Conference Society for Advancing Business Editing and Writing Annual Conference in Arlington, Virginia, on April 4.
Manuel Balce Ceneta/AP
Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay
Economists expect that the US added 130,000 jobs in March and that the unemployment rate would increase to 4.2%
David Paul Morris/Bloomberg/Getty Images
The US economy added 228,000 jobs last month, but the unemployment rate ticked up
A truck transports a container near the entrance of the Phnom Penh Autonomous Port on April 3, 2025.
Tang Chhin Sothy/AFP/Getty Images
Businesses spent years diversifying away from China. Trump’s trade war could destroy those economies
People walk by the New York Stock Exchange (NYSE) before the Closing Bell and the start of President Donald Trump's news conference on tariffs on April 02, 2025 in New York City. In the 4pm announcement, Trump unveiled new tariffs on foreign countries.
Spencer Platt/Getty Images
Trump’s tariffs will be bad for you. And you, and you, and you, and you
Employees check rain boots for export at a shoe factory in Lianyungang, in eastern China's Jiangsu province on March 13, 2024.
STR/AFP/Getty Images
Here’s what could soon cost you a lot more because of Trump’s massive tariffs
The Trump administration seems to have used quite a simple calculation to determine how much it will charge exporters.
STR/AFP/Getty Images
This is the dubious way Trump calculated his ‘reciprocal’ tariffs
Demonstrators gather outside of the offices of the U.S. Department of Education in Washington, D.C. on March 13, 2025, to protest against mass layoffs and budget cuts at the agency, initiated by the Trump administration and DOGE.
Bryan Dozier/AFP via Getty Images
DOGE drove layoff announcements to their third-highest-ever level in March
US President Donald Trump signs an executive order during a tariff announcement in the Rose Garden of the White House in Washington, DC, US, on Wednesday, April 2, 2025. Trump plans to roll out tariffs on global trading partners, the centerpiece of his effort to bring back manufacturing to the US and reshape a world trade system he has long decried as unfair. Photographer: Kent Nishimura/Bloomberg via Getty Images
Kent Nishimura/Bloomberg/Getty Images
Key takeaways from Trump’s ‘Liberation Day’ tariffs
Consumer spending powers more than two-thirds of US economic activity.
Erin Hooley/AP
The American consumer is on the ropes. Tariffs — and anxiety — could deliver the knockout blow

Highlights

President Donald Trump’s fast-moving policy actions are expected to ripple through the private sector, potentially stifling growth.
Frederic J. Brown/AFP/Getty Images
Job opportunities are shrinking and layoffs in the federal government just hit their highest level in four years
Trump administration trade adviser Peter Navarro speaks to press outside the White House earlier this month.
Kayla Bartkowski/Getty Images
Trump aide says tariffs will raise $6 trillion, which would be largest tax hike in US history
Two-thirds of US consumers expect unemployment to rise in the year ahead, the highest reading since 2009, according to a survey released Friday.
David Paul Morris/Bloomberg/Getty Images
Americans haven’t been this worried about rising unemployment since 2009, survey shows
Economists expected that the Federal Reserve's inflation gauge would stay unchanged at 2.5% while consumer spending rebounded in February.
David Paul Morris/Bloomberg/Getty Images
Consumers are saving more and spending less as Trump’s tariffs loom

More from Economy

A tariff on auto parts could raise the cost of your car repair bill.
Justin Sullivan/Getty Images
Trump’s tariffs could push up costs even if you’re not buying a new car
China’s Xi Jinping goes on charm offensive days before Trump unveils fresh tariffs
The job market is ‘frozen.’ That’s not a good sign for DOGE casualties
Trump announces new auto tariffs in a major trade war escalation
About 25% of chief financial officers say they have cut their 2025 hiring plans due to tariffs.
David Ryder/Bloomberg/Getty Images
Trump’s tariff threats are hurting your job prospects
Over 9 million student loan borrowers could see their credit scores tank as delinquencies are poised to hit record highs
Trump’s latest trick could make tariffs more palatable
Consumer confidence plummets to lowest level since January 2021

Paid Partner Content