Trump's 25% Steel and Aluminum Tariffs / Inflation Rises Again to 3%
Donald Trump signs an order imposing broad 25% tariffs on steel and aluminum imports, upending U.S. supply chains, as NFIB's index of small-business uncertainty hits its third-highest figure on record. Meantime, the Labor Department reports that inflation is heating up again, with the consumer-price index rising 3% over the 12 months ending in January, as Federal Reserve Chairman Jerome Powell testifies on Capitol Hill about how these crosscurrents might affect monetary policy. Learn more about your ad choices. Visit megaphone.fm/adchoices