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The US economy grew 3% in the second quarter as a tariff-related import surge that shrank output early in 2025 reversed, ...
1h
Light Wave Reports on MSNTrump’s New Tariffs May Send Food Prices Soaring, Says Tax Foundation
A new analysis by the bipartisan Tax Foundation warns that President Donald Trump’s impending tariff increases, scheduled to ...
12h
MiBolsilloColombia on MSNHow Will Trump's Tariffs on Europe Affect the Average Consumer?
The Trump administration's 15% tariff on European imports is set to raise prices for American consumers. While this is a ...
President Donald Trump’s so-called “Liberation Day” tariffs are scheduled to take effect Aug. 1, following the expiration of ...
One economist told Newsweek that companies may be wary of "consumer backlash" if they hike prices to mitigate the tariffs' ...
The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the ...
After President Trump said that tariffs could be set at a baseline level of 15%, economists projected that consumer prices ...
as retailers pass their costs on to American consumers. The June inflation report may be an early sign of that effect. "This marks the first inflation report where tariffs are beginning to show up ...
The U.S. and the European Union announced a new trade agreement framework over the weekend, setting a 15% tariff on most ...
U.S. tariff revenues hit a record $100 billion, but most new tariffs haven't taken effect yet, signaling more economic ...
Ultimately, those who respond with flexibility and foresight—whether businesses or consumers—will be best positioned to handle the pressures of a tariff-driven economy.
Tariffs primarily affect consumers by raising prices. As noted by the Council on Foreign Relations, among many other authorities, “most economists find that the bulk of tariff costs are passed ...
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