https://www.taxtmi.com/news?id=39112 An announced program of reciprocal tariffs calibrated to match trading partners' burdens, including value added tax type measures, is driving market turmoil by raising uncertainty about trade costs and supply chain disruptions. That prospect has led firms in autos, retail apparel, airlines and leisure to revise revenue forecasts and has depressed consumer sentiment. Converging signs of stickier underlying inflation and stagnant pre transfer income make immediate monetary easing less likely, elevating stagflation risk and prompting market moves into defensive sectors while pressuring equities and medium term yields. en-us Sat, 29 Mar 2025 00:46:03 +0530 Sat, 29 Mar 2025 00:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39112 An announced program of reciprocal tariffs calibrated to match trading partners' burdens, including value added tax type measures, is driving market turmoil by raising uncertainty about trade costs and supply chain disruptions. That prospect has led firms in autos, retail apparel, airlines and leisure to revise revenue forecasts and has depressed consumer sentiment. Converging signs of stickier underlying inflation and stagnant pre transfer income make immediate monetary easing less likely, elevating stagflation risk and prompting market moves into defensive sectors while pressuring equities and medium term yields. News - Sat, 29 Mar 2025 00:46:03 +0530 https://www.taxtmi.com/news?id=39112