American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before he takes office.
Oil watchers say inflation risks will stave off Trump's Canada tariff threat
"If we were to see a 25% tariff on Canadian energy exports ... on the premise that the Trump administration is focused on reducing energy costs. Trump cannot allow inflation to get out of control in the 15 months before the midterm election season ...
US trade partners warn Trump tariffs would harm all involved
In their initial round of responses to Trump's surprise announcement on Monday for a 25% tariff on imports from Canada and Mexico and an additional 10% levy on Chinese goods until they clamped down on illicit drugs and migrants crossing the border,
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 sees tariffs as 'magic elixir', threatens to impose on Mexico, Canada and China
President-elect Trump is vowing to impose new tariffs on Canada, Mexico and China. NBC News' Guad Venegas, CNBC senior Washington correspondent Eamon Javers, New York Times chief White House correspondent Peter Baker and former chief of staff to VP Pence Marc Short join Chris Jansing to discuss the impact of the tariffs on prices of goods.
What could get more expensive if Trump launches a new trade war with Mexico and Canada
During President-elect Donald Trump’s first term, America launched an all-out trade war with China to boost US manufacturing, secure US national security interests and resolve what Trump believed was an extremely out-of-balance trade relationship.
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.
Fears of trade wars, volatility, and higher inflation: What analysts are saying about Trump's tariff plans
Donald Trump's plans could spark trade wars, fuel volatility, reignite inflation, and spur a flight to safety in markets, ...
Trump's proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would ...
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 ...
Crooks and Liars1d
Eric Trump Cheers For Daddy’s Inflation-By-Tariff Plan
Eric Trump was so busy cheering for Daddy Trump’s tariffs, he “forgot” how badly they would hurt regular Americans in the ...
What is a tariff and how does it work? Here's what some experts say a tariff can cause
President-elect Donald Trump said he will impose a 25% tariff on all goods from Mexico and Canada when he takes office in ...
US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
Donald Trump promised to bring down prices, but experts say his tariff plans will do the opposite
President-elect Donald Trump has promised to bring down prices on groceries, rent and other basic necessities of life. U.S.
Trump's Tariffs in His First Term Did Little to Alter the Economy, but This Time Could Be Different
Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the ...
Trump's policies may pose medium-term risk to inflation, New Zealand central bank official says
A top New Zealand central banker said on Thursday that U.S. President-elect Donald Trump's economic policies could pose a ...