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.
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 tariffs, could result in rapid price increases.
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, the price increases that could follow will collide with his campaign promise to give American families a break from inflation.
Trump's proposed tariffs could drive up food prices, experts say
Concerns are rising that the sweeping tariffs on all foreign imports that President-elect Donald Trump has vowed to impose could cause the prices of groceries to rise.
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.
US Energy Lobbying Groups Wary About Trump Tariffs Threat
U.S. oil and gas lobbying groups said on Tuesday they were wary of President-elect Donald Trump's threat of tariffs on Canada and Mexico, saying such policies could affect consumers, industry and security.
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,
Can Trump impose tariffs without Congress? His proposals, explained.
Trump threatened to impose tariffs on Mexico, Canada and China through executive order on Inauguration Day. It’s unclear exactly what that will mean.
Morning Report — Trump’s tariff plans rock global, local leaders
What might Trump’s tariffs mean for consumers? Incoming immigration czar tees up deportation plans Biden touts ...
FTSE 100 LIVE: Stocks slip as traders await US inflation data and mull Trump tariffs
The FTSE 100 ( ^FTSE) and European stocks were lower on Wednesday morning as traders awaited the latest data on US inflation ...
Why Thanksgiving is projected to get pricier under Trump
Between tariffs, immigration, and other major policy shifts, food prices are set to raise after a historically affordable ...
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 ...
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 ...