Trump's tariffs on Mexico, Canada would sharply boost inflation, hurt economy, experts say
President-elect Donald Trump's threatened tariffs on imports from Mexico and Canada would reignite inflation in 2025, hurt the economy, experts say.
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.
Opinion
Trump picks inflation: His steep trade tariffs will raise your costs
Donald Trump, who made tariffs one of the main planks of his successful campaign, has now concretized those threats in the form of a proposed 25% blanket tariff on Canada and Mexico, along with a
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.
Trump threat: Tariffs on China, Canada and Mexico; Mexico warns on inflation and jobs
The dollar rose against major peers after Donald Trump threatened Canada and Mexico with a 25% tariff on all imports into the United States. Stocks were weak after strong gains globally in the previous session following hedge fund investor Scott Bessent being nominated as Treasury Secretary.
Trump tariff plan kicks off scramble among U.S. trading partners
Leaders in Mexico and Canada responded to the president-elect’s proposed new tariffs. Observers said the plan might just be the first step in negotiations.
Donald Trump threatens 25% tariff on products from Canada and Mexico. What are tariffs?
President-elect Donald Trump announced on Truth Social that he would impose tariffs on goods coming from Mexico, Canada and China.
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,
Mexico's president warns Trump of economic risks
Mexican President Claudia Sheinbaum said on Nov. 26 that Donald Trump's threat to impose severe tariffs on Mexico would endanger the economies of both nations.
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.
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.
GM and other US automakers would take big hit from Trump tariffs
U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom ...
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Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief
DETROIT (AP) — If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada ...
Will A Pre-Trump Buying Frenzy Kick Off A New Round Of Inflation?
Trump has promised to lower consumer prices, but two ideas he proposes, mass deportations of immigrants and broad-based ...
What's Trump's price for averting tariffs? He didn't tell Trudeau
What would it take for Donald Trump to declare a win and drop plans for potentially devastating tariffs? It's the ...
Trump’s Tariffs Would Deal a Big Blow to the Auto Industry
Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 ...
Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs
President-elect Donald Trump’s pledge to impose massive tariffs was an early warning shot to try to force the hand of allies ...
What will be impacted by Trump's tariffs? Just about everything you touch
President-elect Trump is vowing he will impose new tariffs on Canada, China and Mexico, which are the country's three biggest ...