2 days ago · Tariffs would increase the cost of production in those industries both because of the increased cost of the imported steel, and because domestic steel and aluminum makers could raise the price of ...

Feb 3, 2025 · How are Donald Trump's tariffs on imported goods going to affect your budget? We explain what you can expect on prices for groceries and more.

Feb 2, 2025 · President Donald Trump signed an order to put tariffs on U.S. neighbors Canada and Mexico, as well as China, starting Tuesday. Menu. ... (cost) increase to consumers.’’ TD Economics notes that average U.S. car prices could rise by around $3,000 – this at a time when the average new car already goes for $50,000 and the average used car for ...

6 days ago · An analysis by the nonpartisan Tax Foundation found that if the tariffs Trump threatened in recent days are imposed, it would amount to an average tax increase of more than $800 per U.S. household ...

1 day ago · Mr. Trump seemed to disregard that history on Sunday. As he flew to the Super Bowl aboard Air Force One, he said he planned to impose a 25 percent tariff on steel and aluminum on all imports.

Jan 31, 2025 · Trump will impose 25% tariffs on goods from Canada and Mexico, a decision he said he hopes decreases the amount of fentanyl and migrants coming into the U.S. across their borders. The president...

Feb 3, 2025 · Capitol Economics has said the annual rate of inflation could increase from 2.9% to as high as 4% because of the newly announced tariffs. Trump's trade war with neighbours is delayed - what did ...

Feb 3, 2025 · Wholesale gasoline prices were up 8 cents a gallon on trading markets early Monday, said analyst Andy Lipow of Lipow Oil Associates. And the price at the pump could go up even more as the cost...

Feb 1, 2025 · The ex-president's move resulted in a sixfold increase in the tariffs on Chinese goods as compared with prior to 2018, PIIE noted, reaching a high of 21% in January 2020, which is still far below ...

Feb 2, 2025 · President Trump’s tariffs target countries that are major suppliers of a wide range of goods to the United States. For American families, the likely result is higher prices nearly everywhere they...