1052 ET - Trump's tariff hikes announced yesterday could cause deep changes on price and economic indicators, but March inflation gauges will already show some impact from trade policies, Comerica's Bill Adams says. "There was a rush to buy cars…as consumers tried to front-run the tariffs," likely pushing car prices higher, he says. "And for producer prices, commodity markets were already pricing in a significant increase in tariffs…which will likely show up in higher prices of steel and lumber and other construction materials." Still, he says that "it will likely take a couple of quarters" for the full impact of tariffs to show up in indicators. "March will be just the beginning." (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
April 03, 2025 10:52 ET (14:52 GMT)
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