President Trump is set to announce new tariffs on automobiles and pharmaceuticals soon, adding to his ongoing trade war strategy that includes steel and aluminum duties. This move signals a broader effort to reshape U.S. trade policies as April 2 approaches.
In a surprising turn, retail sales rose 0.2% in February despite inflation worries, showcasing consumer resilience. Key sectors like online retail and personal care saw growth, but bars and gas stations faced declines.