How Do Tariffs Work and Will Trump's Plan Cause Inflation?
President-elect Donald Trump said he will impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office.
Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.
Mexican president warns Trump tariffs will worsen inflation, kill jobs
Mexican President Claudia Sheinbaum on Tuesday warned U.S. President-elect Donald Trump of dire economic consequences for both countries from tariffs, while urging dialogue following his threat of across-the-board tariffs of 25% on Mexico and Canada.
Playbook PM: How Mexico and Canada see the Trump tariffs threat
Among the roster of officials filling out the Trump 2.0 team, the president-elect has picked more than a dozen operatives, lawyers and officials who attended his criminal trial in Manhattan earlier this year,
Canadian Officials Blast Trump's Tariff Threat and One Calls Mexico Comparison an Insult
Some Canadian officials on Tuesday blasted President-elect Donald's Trump's threat to impose sweeping tariffs, as the leader of the country's most populous province called Trump's comparison of Canada to Mexico “the most insulting thing I’ve ever heard.
Mexico's president warns Trump's tariffs will worsen US inflation, kill jobs
President Claudia Sheinbaum Pardo said tariffs could cause more inflation and result in job losses for the U.S. and Mexico.
How Trump’s proposed tariffs could dramatically raise prices on consumer goods
President-elect Donald Trump announced Nov. 25 he would impose sweeping new tariffs on countries he says have allowed illegal immigrants and drugs to enter the United States. If the import tax were implemented,
Mexico and Canada push back against Trump’s tariff threats
Mexico is the top U.S. trading partner, and Canada is not far behind. Mexico’s president has vowed to retaliate with her own tariffs on American goods.
Trump vows 25% tariff on imports from Mexico, Canada: What are tariffs?
Put simply, tariffs are a tax on imports. Here's what Donald Trump did with them in his first term and how they impact the economy.
Trump Vows to Impose Heavy Tariffs on Canada, Mexico and China in Move That Could Drive Gas, Food and Other Prices Higher
The move, announced on social media, threatens America’s largest trading partners over alleged failure to deal with illegal immigrants and drugs.
Fed's preferred inflation gauge expected to stall again in October
October's increase in the core PCE (personal consumption expenditure) price index is expected to hang out at +0.3% month-over ...
Chart Shows Impact of Inflation on Cost of Thanksgiving Dinner
Economists say it is worth remembering that "prices are still nearly 20 percent higher than they were before the pandemic." ...
Does government spending cause inflation, and did Biden-Harris make it worse?
Prices rose 2.6% between October 2023 and the same month in 2024, an unremarkable figure. Yet, inflation seems to be on ...
Inflation will keep falling next year despite fears of prices spiking under Trump, veteran economist Steve Hanke says
It's "nonesense" to expect Trump's policies to spark a resurgence of inflation in the coming years, economist Steve Hanke ...
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Trump’s tariff plan is an inflation plan
Trump’s tariffs, if enacted, are a recipe for inflation, according to economists. Right now, importers are reliant on the ...
Fed's Key Inflation Measure Likely Stayed Above-Target In October
The Federal Reserve's preferred measure of inflation likely stayed too hot for comfort in October, though possibly not hot ...
Trump’s Economic Plan Has Inflation Written All Over It
Tariffs, tax cuts and deportations could all drive prices higher. So could firing Powell.
Everyone on the Internet Is Wrong About Biden and Inflation
By now we are all familiar with the refrain that inflation cost Democrats the election. Critical accounts blame Joe Biden for ...
Trump Trade Muddles Inflation Outlook in Fed’s Favorite Gauge
A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s ...
What To Expect From November’s CPI Inflation Report
The Consumer Price Index report for November will be released on December 11. A slight increase in headline inflation is ...