From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
President Trump’s new tariffs on goods from Canada, Mexico and China are likely to result in higher prices for lots of products, including computers, tequila and gas.
Read more at The New York Times
Topics
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Trump Tariffs Could Hurt Oil Companies and Raise Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.The New York Times - 1d -
Trump slaps tariffs on Canada, Mexico, China, risking higher prices for U.S. consumers
President Donald Trump signed an executive order issuing tariffs on goods coming into the U.S. from Canada, Mexico and China, raising the risk of a trade war with America’s closest trading partners ...NBC News - 17h -
Trump tariffs expected to raise consumer prices
As President Trump imposes tariffs on goods imported to the U.S. from Canada, Mexico and China, economic experts warn they could lead to higher prices for American consumers. NBC News' Brian Cheung ...NBC News - 21h -
Trump Tariffs Could Hit Cars, Clothes and Food Prices Fast
The levies could go into effect within the next few days.Inc. - 6d -
Trump tariffs could raise prices on technology like laptops, smartphones and AI
Trade groups and consultants warn that trade wars spurred by Trump's tariffs could slow global commerce and raise prices for consumers.CNBC - 6d -
How President Trump's potential tariffs could impact car prices
President Trump spoke at the World Economic Forum on Thursday about tariffs, which could drive up car costs. With higher prices on new cars, used ones could also spike due to demand. CBS News ...CBS News - Jan. 24 -
Why Trump's tariff threat could raise car prices significantly
Some of the biggest car brands, including Ford, General Motors and Stellantis, have plants in Mexico and Canada.CBS News - Jan. 23 -
How Trump's proposed tariffs could raise U.S. car prices
The average price of a new car in the U.S. is more than $49,000, and President Trump's proposal to increase tariffs on Mexico and Canada could raise car prices even higher. Kelly O'Grady examines why.CBS News - Jan. 23 -
Trump promised to lower gas prices — but his tariffs could help raise them instead
President Donald Trump’s “drill, baby, drill” pledge is well known, but drivers may end up paying more at the pump in the coming months despite his plans to lift U.S. oil production.MarketWatch - Jan. 22
More from The New York Times
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Here’s What to Know About Trump’s Tariffs
Canada, Mexico and China account for more than a third of the products brought into the United States. Tariffs could lead to higher prices for consumers.The New York Times - 1h -
Trump’s Canada and Mexico Tariffs Could Hurt Carmakers
General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.The New York Times - 3h -
Trump Administration to Remove 4 Major News Outlets From Pentagon Office Space
The New York Times, NBC News, NPR and Politico will be replaced by outlets including the right-wing site Breitbart News as part of a “new annual media rotation,” a spokesman said.The New York Times - 23h -
You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
The Treasury Department has also eliminated the option of buying as much as $5,000 in extra inflation bonds, beyond the $10,000 annual limit.The New York Times - 1d -
Engine Fire Prompts Evacuation of Houston Flight, Video Shows
A video on social media showed smoke and flames coming from one of the engines of a United Airlines flight headed for LaGuardia Airport in New York.The New York Times - 2h
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