Charting the Global Economy: US Inflation Picks Up Before Tariffs

Consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the US economy before the brunt of tariffs.

Markets and world leaders are all bracing for next week, when President Donald Trump has planned a rollout of tariffs dubbed “Liberation Day” on April 2. He’s already imposed some levies on Canada, whose economic growth came to a halt in February after a solid start to the year.