Reuters: Business News: New front in trade war means Fed's dry powder may get burned

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New front in trade war means Fed's dry powder may get burned May 31st 2019, 19:50 The U.S. Federal Reserve's hesitance to react to world trade tensions may have been dealt a fatal blow Friday by President Donald Trump's surprise announcement of new tariffs on Mexico, levies that could slam investment and business confidence and leave little doubt the administration's combative stance is here to stay.

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