New Tariff on ‘Transshipped’ Goods Mystifies Importers

The president has promised big results, from raising revenue to reviving domestic manufacturing. But many of his goals undermine one another.

The U.S. central bank is expected to hold interest rates steady as officials weigh a solid economy and rising inflation risks.

Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.