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The median price of a new home in December 2024 was $427,000, according to the Census Bureau. That’s up 30% in five years – and mortgage rates now are roughly double what they were just before ...
The price increases come from the fact that importers — China, for example — often respond to tariffs by increasing the price of their imports to help offset the new tax.
For example, $90 athletic shoes could cost $106 to $116 under Trump’s tariffs. Additionally, Trump’s proposal for mass deportations could increase food prices.
Americans hand over a huge chunk of their paycheck for a roof over their heads. Policymakers are looking out for indications of what President-elect Donald Trump plans to do to ease housing costs ...
Trump signed an executive order Saturday night to impose a 25% tariff on imports from Mexico and Canada and a 10% tax on all imports from China, fulfilling a promise he made during his 2024 ...
HGTV home renovation stars Jonathan and Drew Scott – best known as the Property Brothers – are fearful that Trump’s proposed tariffs could send construction costs soaring.
After officially taking office earlier this week, President Donald Trump ordered “emergency price relief” for Americans on housing costs and other living expenses. Trump says he can cut the ...
As president, Trump signed into law tax cuts for corporations and individuals that that the Congressional Budget Office estimated would cost $1.9 trillion over 10 years. Trump did not pay for ...