US President Donald Trump’s tariff policy has fueled historic volatility in the market as well as feeding fears about the economy. The president currently has a 10% tariff rate on most imports except those from China, the rate of which is 145%. Boston Federal Reserve president Susan Collins sits down with Yahoo Finance Senior Fed Reporter Jennifer Schonberger to discuss the ongoing tariff war, its economic impact, and the Fed’s role.
0:00 Boston Fed President Susan Collins 00:00:25 Collins on the impact of tariffs on the economy 00:02:00 What the China tariffs mean for the US economy 00:04:05 Impact of tariffs on economic growth 00:05:10 Collins weighs in on how tariffs will lead to higher inflation 00:08:30 Collins’s outlook for interest rates About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com
