Mixed economic news after latest surprise Trump tariff
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President Trump announced a surprise 50% tariff on imported steel, while also celebrating a deal between US Steel and Nippon Steel despite it not being finalized. Americans also reined in their consumer spending in April, as inflation was very close to the Federal Reserve's 2% target rate. CNN's Camila DeChalus and Vanessa Yurkevich report, and CNN's Victor Blackwell speaks with Emory University professor of finance Tom Smith. #CNN #News
Economic Uncertainty Essentials
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