Trade war – Deena Zaidi

U.S. inflation drops to 2.4% as egg prices peaked at $6.23 per doz. in March

April 10, 2025April 10, 2025Deena ZaidiWorld Economy

U.S. inflation dropped to 2.4% in March as consumer prices fell slightly, easing from 2.8% in February. The dip comes amid new tariffs from President Trump and ongoing Fed caution on interest rate cuts. Food prices, however, continued to rise—egg prices surged 60.4% year-over-year.

U.S. trade deficits and Trump’s new tariffs: which countries are getting hit the hardest?

April 3, 2025April 4, 2025Deena ZaidiChina, Europe, Graphs, Japan, Markets, United States of America, World economy, World Economy, World trade

The U.S. reported major trade deficits in February 2025 with China, the EU, and Mexico—just as President Trump’s latest round of ‘reciprocal’ tariffs took effect. Here’s a breakdown of who’s facing the steepest penalties, and why some key allies like Canada and Mexico are exempt.