Fed’s Goolsbee: Significant tariff retaliation could boost inflation

Chicago Federal Reserve Bank President Austan Goolsbee said late Monday that significant tariff retaliation could boost inflation, adding that global trade war eruption may lead to a consumer behavior shift. 
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US Treasury Sec. Bessent: Japan's non-tariff barriers are quite high

US Treasury Secretary Scott Bessent late Wednesday said late Monday that he has not yet received a trade offer from Japan. Nonetheless, Bessent expects Japan to be prioritized in negotiations due to their early approach, per Fox Business Network. 
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