Trump's tariffs give rise to a turbulent economy

Main Idea: President Donald Trump’s tariff push has created economic uncertainty, with markets swinging, confidence falling, and the Federal Reserve still seeing inflation above its target.

Key Points:

• Trump has rolled out broad tariffs on imports, autos, steel, aluminum, and Chinese goods, but the plan has changed often and added confusion.
• Prices have not eased much, and experts warn the tariffs could push grocery costs higher while home sales and stock prices remain weak.
• Key parts of the economy, like retail sales and unemployment, are holding up for now, but consumer and small business confidence has fallen sharply.
• Officials and analysts say the biggest problem is uncertainty, which may cause businesses to delay spending and hiring.