内容摘要：A vendor selling peach drinks called “Mocochinchi” as he waits for customers at his street stand in La Paz, Bolivia, Friday, March 21, 2025. (AP Photo/Juan Karita)

A vendor selling peach drinks called “Mocochinchi” as he waits for customers at his street stand in La Paz, Bolivia, Friday, March 21, 2025. (AP Photo/Juan Karita)

, announcing that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and raised fears of a global slowdown.The trade barriers are widely expected to raise prices as importers attempt to pass along their higher costs.

The inflation numbers delivered this week are better than economists has expected, but the retaliatory trade measures launched by both the U.S. and China will likely cool that trend, said Carl Weinberg, the chief economist at High Frequency Economics.“This good news will not last very long,” Weinberg wrote Friday. “Tariffs will boost the prices of all imported producers inputs—goods, not services (yet) — and the effect of tariffs will be visible in April data due for release on May 15.Major U.S. corporations are already bracing for potential damage.

scratched its expectations for operating income during the first quarter and Delta Air LinesBoth companies announced the changes this week, but shares of major retailers like Target and Macy’s have plunged since the start of the year. Shares of Delta, the nation’s most profitable airline, are down 35% in 2025.

New inflation data, Weinberg noted, will arrive in mid-May, a week after the U.S. Federal Reserve meets to discuss interest rates. Those discussions have become more fraught, given the upending of the global trade order.

The difficulties now facing Chair Jerome Powell and the Fed wereBecause there are not many existing garments worn or created by Black Americans before the latter part of the 19th century, Miller said, the early part of the show fills out the story with objects like paintings, prints, some decorative arts, film and photography.

Among the novelty items: The “respectability” section includes civil rights activist W.E.B. Du Bois’ receipts for laundry and tailoring. “He’d go to Paris and London, he would visit tailors and have suits made there,” she said.And the “jook” section includes a film clip of the tap-dancing Nicholas Brothers — who in 1943’s “Stormy Weather” produced one of the most astounding dance numbers ever to appear on film.

“We wanted to show people moving in the clothes,” Miller explained. “A fashion exhibit is frustrating because you don’t see people in the clothes.”Miller wondered aloud whether there might be a stretch material in the pair’s tuxedos (they perform multiple splits coming down a staircase). She also noted that the tuxedo, like the suit in general, is a garment that cuts across social categories. “If you are at a formal event the people serving are also in tuxedos, and sometimes the entertainment is in tuxedos, too,” she said.