Trump tariffs fueling inflation: congressional budget chief

Congressional Budget Office director Phillip Swagel said Monday that President Donald Trump’s tariffs appear to have pushed inflation up higher than CBO analysts had initially expected. His views differ from those of Wall Street analysts, many of whom have been bracing for tariff-driven price hikes, but have yet to see them in materialize. Speaking on CNBC’s…

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Trump asks Supreme Court to take up tariffs appeal

U.S. President Donald Trump gestures during a cabinet meeting at the White House in Washington, D.C., U.S., August 26, 2025. Jonathan Ernst | Reuters President Donald Trump’s administration on Wednesday appealed to the Supreme Court a federal court ruling that said that most of his country-specific tariffs are illegal, setting up a legal clash that…

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Trump trade adviser blasts tariff ruling

White House trade advisor Peter Navarro speaks to members of the media near the West Wing of the White House in Washington, D.C., U.S., August 21, 2025. Nathan Howard | Reuters President Donald Trump’s trade adviser Peter Navarro said Sunday that “it will be the end of the United States” if the president’s sweeping tariffs…

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