Chinese Yuan (USD/CNY) and Tariffs

Chinese Yuan (USD/CNY) and Tariffs Trade-sensitive Chinese yuan could move lower with tariffs headlines. Image: Wells Fargo Investment Institute

Estimated Tariff Impact on Core Inflation

Estimated Tariff Impact on Core Inflation President Trump’s decision to increase the tariff rate will lead to a greater boost to U.S. consumer prices. Image: Goldman Sachs Global Investment Research

U.S. Average Tariff on All Imports

U.S. Average Tariff on All Imports A look at U.S. tariffs in the past and where they are today. Average U.S. tariffs were close to 1%, until President Trump decided to raise them. Image: BofA Merrill Lynch

Tariffs Are Raising Prices for U.S. Consumers

Tariffs Are Raising Prices for U.S. Consumers The charts show that U.S. consumer and producer prices have risen more quickly in tariff-affected categories. This is unfortunate in this late business cycle. Image: Goldman Sachs Global Research

Tariffs Are a Hidden Tax on American Consumers and Companies

Tariffs Are a Hidden Tax on American Consumers and Companies Tariff man is back! Keep in mind that trade war costs to consumers and companies. Tariffs are a hidden tax on American consumers and US firms. Trump’s trade war hurts the U.S. economy and stocks.

U.S. Recession Probability

U.S. Recession Probability May’s tariff relief helped temper U.S. recession odds and buoy investor sentiment, but this new round of trade tensions could put that fragile calm to the test. Image: Deutsche Bank

S&P 500 and 20-Day Moving Average

S&P 500 and 20-Day Moving Average Since April, after tariff-related lows, the S&P 500 has used the 20-day moving average as a floor during pullbacks, continuing its upward trend and sustaining a bullish outlook. Image: Fundstrat Global Advisors, LLC

Real U.S. Consumer Spending

Real U.S. Consumer Spending During the first half of 2025, U.S. inflation-adjusted consumer spending contracted—the weakest pace seen in over 15 years—driven by cautious consumer behavior amid tariff concerns and economic uncertainties. Image: Deutsche Bank