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Duties on imports from dozens of countries would jump if the 90-day pause imposed in April expires July 9 as scheduled.
If the Trump administration’s tariff policies result in higher overall inflation, a scenario that will play out in the coming ...
Tariffs on Chinese imports settled at 55%, while U.S. import tariffs settled at 10%. For many U.S. businesses, the damage from the initial rise in tariffs has had a profound effect, especially for ...
Tariffs on steel and aluminum may raise the cost of containers. Food and beverage companies say they can’t absorb the expense. Roughly 80 percent of the specialized tin-plated steel — steel ...
Fed Chair Warns Trump Tariffs Will Increase Prices, Leaves Interest Rates Unchanged Ahmad Austin Jr. Jun 18th, 2025, 4:24 pm ...
Among the economists closely tracking the fallout of Trump’s 232 tariffs is Jason Miller, a professor at Michigan State, one of the nation’s top-ranked schools for supply chain management.
To levy the tariffs, Trump has relied on a 1977 law, known as IEEPA, that gives presidents the power to “regulate … importation” in certain circumstances, but that a lower court found doesn ...
The average US tariff rate is now 7.0%, the highest since 1969, hitting GDP, consumer spending, and jobs. Trump’s $12 trillion investment claim is inflated and real new investment may be as low ...
According to the latest Consumer Price Index data from the Bureau of Labor Statistics, the cost of major household appliances jumped 4.3% in May compared to April. That’s the sharpest month-over-month ...
Appliance prices rose 4.3% in May, the largest monthly jump in over a year, government data shows. Tariffs on foreign-made goods are driving up production costs for manufacturers, many of whom are ...
AP Spotlight Walmart says it will raise prices due to tariff costs after posting solid first quarter sales ANNE D'INNOCENZIO AP Retail Writer May 15, 2025 Updated Jun 2, 2025 0 ...