Tariffs, Trade Wars, and Lingering Inflation | Denver News

Minneapolis Fed boss Neel Kashkari warns that the U.S.-Canada tariff standoff could prolong inflation, comparing it to the Iran conflict—both global disruptions that keep price pressure alive. With a 50% U.S. tariff on Canadian goods and retaliatory tariffs looming over steel, dairy, and electronics, trade tensions are heating up. Canada’s prime minister vows payback as bilateral trade hits $880 billion annually. Kashkari links these disputes to lingering supply shocks, alongside the war in Iran, stressing that without stable trade, businesses can’t adjust—and inflation stays stubbornly high. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/15be53b2d95b930a