Trump Will Likely Unveil His Most Sweeping Tariffs Tomorrow: What To Know About Reciprocal Tariffs—And Inflation Impact
4.8%. That’s how much the U.S.’ weighted average tariff rate would be if Trump implemented the country-level strategy, Deutsche Bank economists led by Justin Weidner estimated in a Monday note. That’s a 3.3 percentage-point increase from the 1.5% effective rate U.S. imports had in 2022, according to the World Bank.
McConnell warns of ‘big, lingering concerns’ with Trump tariff plan
Former Senate Republican Leader Mitch McConnell (R-Ky.) on Wednesday warned of “big, lingering concerns” with President Trump’s tariff plan. “In recent weeks, the president sought to
Inflation is heating up again, putting pressure on Trump to cool it on tariffs
Americans who hoped President Donald Trump would be true to his word on bringing down prices “ on Day One .” It will also put pressure on the new administration to be wary of policies that may heat up inflation – and that includes tariffs.
How Will Tariffs Impact You? Here’s What To Know About Trump’s Plans
From reciprocal tariffs to a focus on Mexico and Canada, here’s the latest on Trump’s economic plan and how it will impact prices for American consumers.
Inflation increased in January, posing obstacle for Trump tariff plans
Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle for Trump administration tariff policies that many economists expect to raise some prices,
Trump’s tariffs and tax plans are inflationary. Voters won’t tolerate it.
President Trump’s trade war could harm America. The U.S. enjoys robust growth and a strong currency. Yet as the 2024 presidential election demonstrated, voters won’t tolerate politicians whose policies stoke inflation — and tariffs raise prices.
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Mitch McConnell says Trump's trade war will raise prices: 'Tariffs are bad policy'
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Who Pays for Tariffs
Understanding who will end up paying for the higher costs means understanding how manufacturing, trade and supply chains ...
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President Trump’s tariffs bring return of uncertainty for America’s farmers
Bob Hemesath has spent his entire life on his Northeast Iowa farm, raising corn and hogs alongside his brother. His business ...
Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...
The truth about William McKinley, the ‘tariff king’ and Trump’s idol
William McKinley was a largely forgotten American president until Donald Trump returned to the White House as his biggest fan, due to McKinley’s own love affair with tariffs.
The Potential Portfolio Impact Of Trump Policies And Tariffs
For investors who want to position their portfolios around tariff risks, there are three ways investors can try to insulate ...
Trump set to impose reciprocal tariffs in bold move — here are the possible risks, rewards
This strategy is intended to create a fairer trade environment but could also escalate tensions and potentially trigger a new ...
New trade policies bring the true costs more into focus for manufacturers
Trump made boosting manufacturing a theme on the campaign trail, but the policies taking shape, including tariffs, have ...
Why Tariffs Will Make Car Insurance Even More Expensive
Costlier cars or auto parts can increase claims costs, which take time to filter through to car-insurance rates.