Stagflation Fears Loom As U.S. Tariffs Drive Economic Uncertainty

Veteran market strategist Ed Yardeni warns that rising trade tariffs are increasing the likelihood of stagflation in the U.S. These tariffs, which burden both foreign exporters and American importers, are expected to impact consumers through higher prices and reduced corporate profit margins. While the economy has shown resilience during recent tightening monetary policy, consumer confidence is waning amidst uncertainty about its ability to withstand these tariffs.