Yellen to Warn Against Tariffs Igniting Inflation
Treasury Secretary Janet Yellen plans to warn that proposed tariffs by Donald Trump would increase inflation and harm businesses.
Her remarks are scheduled for a speech to the Council on Foreign Relations.
While not mentioning Trump directly, she will argue that broad tariffs supported by him and some Republicans could damage the U.S. economy.
The comments are based on a speech obtained by the New York Times.