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Donald Trump's proposed tariffs could have major consequences for California's economy, which has a lot riding on trade, especially with China and Mexico. Trump tees up tariff hikes on top trading ...
Another factor is the time of year. Gas prices are typically near a low for the year in February due to weak demand. If the tariffs stay in place through summer, the impact will be greater, he said.
Tariffs in certain circumstances do not cause inflation problems. Trump’s first-term tariffs did not meaningfully raise inflation, although they were far narrower in scope than what Trump is ...
Trump hints at tariffs to come. On Trump's first full day in office, as previously reported by USA TODAY, the president said he would levy a blanket duty of 25% on both Mexico and Canada starting ...
Inflation is moderating, but economists expect that trend could reverse quickly if Donald Trump follows through with a proposal to impose 10%-20% tariffs on all imports and a 60% tariff on Chinese ...
As President-elect Donald Trump vows to impose tariffs on imports from China, Mexico and Canada, economists are warning that a retaliatory trade war could cause major financial damage for ...
He found that Trump’s proposed blanket 10% tariff on foreign imports, and a 60% tariff on all Chinese imports, would lead to a 1.2 percentage point increase in inflation in the first year after ...
The tariffs that President Donald Trump said he’ll impose Saturday on imports from Canada, Mexico and China would reignite inflation and deal a significant blow to an economy that has been ...