TOKYO — The implementation of U.S. “reciprocal” tariffs on Thursday has put new downward pressure on the global economy, and while the impact is now projected to be milder than first feared, this could embolden President Donald Trump to raise rates even further.
Softer-than-expected initial impact could spur US president to hike rates even further
U.S. President Donald Trump has expressed confidence in the economic benefits of tariffs. © Reuters
