US retail sales fall by most in 2 years as Trump tariffs distort spending
Weakness also attributed to temporary ‘drags’ including wet weather in country’s east
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US goods exports tumble by most since 2020 as Trump’s tariffs disrupt trade
Figures are the latest to show the distortion to trade caused by the US president’s ‘liberation day’ trade levies
US wholesale prices declined unexpectedly in August
Figure comes despite Trump tariffs and keeps Fed on track for rate cut
China’s economy shows signs of slowdown as US trade war weighs
Retail sales and factory output growth hit lowest rate in 9 months amid mounting domestic weakness
US retail sales growth slowed in September
Initial release of data had been postponed because of federal government shutdown
An ever riskier world economy
Trump’s tariff war brings with it unpredictability and a consequent loss of confidence
What the world got wrong about tariffs
No economy rises or falls for just one reason, even a shock as big as Trump’s trade policy