5 days ago · Under the more extreme scenario of a 60 percent tariff on China and a 10 percent tariff on the rest of the world, we estimate an inflation impact of 1.4 to 2.2 percentage points. 12. As noted, our estimates give the first-round impact of tariffs on inflation, holding quantities constant (that is, we calculate the effects under partial equilibrium).

2 days ago · The Economic Impact of Trump’s Tariffs. February 3, 2025 • 11 min listen. Markets & The Economy. Jeremy Siegel: 2025 Outlook for Stocks and the Economy. January 7, 2025 • 7 min read.

6 days ago · China responded with its own 15% tariffs on American coal and liquefied natural gas and 10% tariffs on crude oil, farm equipment and certain other vehicles, to take effect on Feb. 10.

2 days ago · During his presidential campaign, President Trump pledged to impose universal tariffs of 10–60% on all U.S. imports—a whopping $4.2 trillion in goods and services purchased from abroad in 2024. This was always a real possibility. The International Economic Emergency Powers Act gives the president broad authority to do so. In early February the …

19 hours ago · U.S. tariffs are an "evolving story" and it is too early to assess their impact on the world economy, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday.

1 day ago · Key Findings. President Trump has threatened a variety of new tariffs for his second term in office, from universal baseline tariffs to country-specific tariffs.; We estimate the tariffs on Mexico, Canada, and China proposed to go into effect on February 4, 2025, would shrink economic output by 0.4 percent and increase taxes by $1.1 trillion between 2025 and 2034 on …

Feb 1, 2025 · President Donald Trump has repeatedly discussed imposing tariffs, both during the campaign and since taking office, and the first tranche, on goods from Canada, China and Mexico will take effect...

Jan 31, 2025 · Tariffs are duties on imports imposed by governments to raise revenue, protect domestic industries, or exert political leverage over another country. Tariffs often result in unwanted side...

Feb 2, 2025 · Imposing tariffs at any point in this supply chain will raise production costs and increase prices for a wide range of goods traded between the U.S. and Canada. For Canada, the tariffs on...

Dec 19, 2024 · In this article, we look at a brief history of tariffs, some recent examples, reasons why governments impose tariffs, and a range of responses that businesses can take to seize potential opportunities.