Jaclyn Lee - Profile and Journalist Details
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Jaclyn Lee
Verified
Multi-Platform Reporter, ABC News
New York
Beats
Chicago Suburbs Local News , National Business News , Freight Industry News
blockchain, cryptocurrency
Content
By Max Zahn Verified, Briana Stewart, Jaclyn Lee Verified| thepulseofnh.com@ (WASHINGTON) -- President Donald Trump's decision to pause so-called "reciprocal tariffs" for most countries triggered a historic stock market rally on Wednesday, but the levies that remain in place are still expected to hike prices and put the U.S. at risk of a recession, experts told ABC News. Alongside the suspension of some tariffs, Trump increased duties on Chinese goods to a total of 145%, marking a significant escalation of a trade war between the two largest economies in the world.
By Max Zahn Verified, Briana Stewart, Jaclyn Lee Verified| thepulseofnh.com@ (NEW YORK) -- Consumer prices rose 2.4% in March compared to a year ago, marking a cooldown during a period that preceded the recession warnings and market turmoil following President Donald Trump's recent escalation of tariffs. The reading came in lower than economists expected. Even as overall cost hikes slowed, egg prices soared 60% higher than a year prior. Bird flu has decimated the egg supply, lifting prices higher.
By Max Zahn Verified, Briana Stewart, Jaclyn Lee Verified| thepulseofnh.com@ (WASHINGTON) -- President Donald Trump's decision to pause so-called "reciprocal tariffs" for most countries triggered a historic stock market rally on Wednesday, but the levies that remain in place are still expected to hike prices and put the U.S. at risk of a recession, experts told ABC News. Alongside the suspension of some tariffs, Trump increased duties on Chinese goods to a total of 145%, marking a significant escalation of a trade war between the two largest economies in the world.
Company Info
ABC News
ABC News is the news division of the American Broadcasting Company (ABC), part of The Walt Disney Company. Established in 1943, it has a rich history in broadcasting, beginning with radio news services and expanding into television in 1948. ABC News offers a variety of news services, including television broadcasts like "World News Tonight," "Good Morning America," and "Nightline." It also provides online news articles, videos, and live streaming through its digital platforms. Additionally, ABC News produces radio news updates, podcasts, and in-depth documentaries on significant events and issues. Headquartered in New York City, ABC News serves a wide audience both in the United States and internationally.
New York, New York, United States