TechFlow news, on March 4, according to Jinshi Data, Goldman Sachs economists predicted that Trump's proposed 25% tariffs on imports from Canada and Mexico, along with a 10% tariff on Canadian energy, would push up core U.S. consumer prices by 0.6%.
"We do not rule out the possibility of a last-minute suspension of the tariffs," they wrote in a report to clients on Monday evening. "An obvious strategy this time would be to delay the deadline until April 2, aligning it with other planned tariff announcements. If implemented, we believe these tariffs are unlikely to become a permanent feature of U.S. trade policy, although their duration remains uncertain." In January, the U.S. core consumer price index, which excludes food and energy, rose 3.3% year-on-year, while the Federal Reserve's preferred PCE index increased 2.6% year-on-year.
