Friday Mar 07, 2025

Trade Tensions Rise with New Tariffs; Fed Maintains Cautious Stance

The Trump administration's new tariffs on Canadian and Mexican imports spark trade tensions, while the latest U.S. jobs report shows slower growth. Federal Reserve Chair Jerome Powell addresses economic uncertainties, signaling a steady interest rate policy amid evolving trade policies. Explore the implications for businesses, consumers, and the global economy in this episode of Simply News.

Sources:
https://www.whitecase.com/insight-alert/us-tariffs-canada-and-mexico-enter-effect-tariff-china-rises-10-20
https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-tariffs-on-canada-and-mexico-to-minimize-disruption-to-the-automotive-industry/
https://abcnews.go.com/Business/timeline-trump-tariffs-canada-mexico-china/story?id=119506883
https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-proceeds-with-tariffs-on-imports-from-canada-and-mexico/
https://www.foxbusiness.com/economy/us-jobs-report-february-2025
https://www.bls.gov/news.release/archives/empsit_03072025.htm
https://americanstaffing.net/posts/2025/03/07/jobs-report-statement/
https://www.stlouisfed.org/on-the-economy/2025/mar/flash-report-unemployment-flows-point-modestly-softer-labor-market-conditions-february
https://www.businessinsider.com/february-jobs-report-unemployment-rate-employment-federal-reserve-interest-rates-2025-3
https://www.youtube.com/watch?v=28mwyJCm9VE
https://insight.factset.com/u.s.-unemployment-rate-is-projected-to-be-4.0-for-february-2025
https://www.rothstaffing.com/february-2025-jobs-report-u-s-economy-added-151000-jobs/
https://www.youtube.com/watch?v=Su5LlZpiaT8
https://www.youtube.com/watch?v=sBQVhbF1elo
https://abcnews.go.com/Business/wireStory/powell-federal-reserve-stay-hold-amid-widespread-economic-119559968
https://www.youtube.com/watch?v=sBQVhbF1elo

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