Economics

• America’s economy is still robust but weakening.
• Consumers are still willing to spend their money, but they’re growing more cautious.
• Tariffs came in lower than President Donald Trump’s most aggressive threats, but they’re slowly adding to inflation as some prices creep higher again.
• Trump’s trade agreements may open up some foreign markets to US goods, but Americans are now paying higher taxes on imported goods today than they were yesterday.
• The reliable job market is become less of a sure bet, and employers may be more resistant to hiring than we previously believed.
• And you might not have to linger too long for that long-awaited interest-rate cut.