Latest in Estimates Imply That Trump Tariffs Could Fall Heavily on Consumers
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Estimates Imply That Trump Tariffs Could Fall Heavily on Consumers
Trump’s supporters have clashed over the true goal of forthcoming global tariffs: raising revenue, or lowering foreign trade barriers?The New York Times - 1d -
Trump says his tariffs could bring in trillions. Economists disagree.
Experts estimate far lower figures in tariffs revenue, warning that President Trump's tariffs could drive up prices for American consumers.CBS News - 12h -
Global stock markets fall as new Trump tariffs loom
Threat of deepening trade war on eve of Trump’s ‘Liberation Day’ spooks investors across US, Asia-Pacific and Europe. Stock markets across the world fell heavily on Monday after Donald Trump ...The Guardian - 2d -
Trump's tariffs are expected to raise consumer prices, but a key question remains: By how much?
As the U.S. president weighs increasing tariffs on imports, economists find that prices across many categories could rise as a result.CNBC - 16h -
Consumers brace for economic impact of Trump's reciprocal tariffs
President Donald Trump is set to unveil new reciprocal tariffs with taxes expected on imported goods from around the world that are set to go into effect immediately. NBC’s Christine Romans joins ...NBC News - 21h -
'Nowhere to absorb it': From consumer small business to big food CEOs, Trump tariff costs will hit wallets
President Trump's 'Liberation Day' tariffs on countries around the world will hit food and consumer businesses particularly hard, say CEOs in the sector.CNBC - 18h -
The White House’s mixed message on its tariff policy
Trump's tariffs could raise $600 billion a year, but this would only happen if consumers avoid substitution and continue to buy foreign goods at tariff-elevated prices, which is unlikely.The Hill - 1d -
What Trump's new tariff announcement means for American consumers
President Trump announced plans to impose an across-the-board 10% tariff on all U.S. trading partners as well as higher tariffs for other countries. NBC News' Christine Romans breaks down what all ...NBC News - 11h -
Ahead of Trump's auto tariffs, are U.S. consumers rushing to buy cars?
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.CBS News - 18h -
For Chinese auto part suppliers, Americans are picking up the tab for Trump's tariffs
President Donald Trump's auto tariffs will most likely be shouldered by American consumers, Chinese auto parts suppliers say.NBC News - 14h -
Tariff Chaos Is Causing Companies—and Consumers—to Hit the Bottle
Wine shipments from Europe are stuck, and consumers are stocking up.Inc. - 22h -
Trump Import Taxes Could Fall Heaviest on the Midwest and Southeast
The Richmond Fed says manufacturers in those regions could bear the brunt of the consequences, with net job losses.Inc. - 12h -
Trump's tariffs leave gadget makers in crisis: 'I'm going to run out of appliances'
Consumer electronics companies reliant on manufacturing operations in China, Mexico and Canada are reeling from the uncertainty surrounding Trump's tariffs.CNBC - 11h -
Trump Administration Tallies Trade Barriers That Could Prompt Tariffs
The Office of the United States Trade Representative released a report highlighting foreign trade barriers that could influence tariffs the president puts into effect this week.The New York Times - 2d -
What are tariffs and why is Trump using them?
Tariffs are a key part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 18h -
Crucial Week for Trump: New Tariffs and Elections Will Test His Momentum
Down-ballot races in Florida and Wisconsin are seen as a referendum on the White House, while the president’s to-be-announced reciprocal tariff plan is increasingly worrying investors and consumers.The New York Times - 2d -
Potential Trump tariff plan could cost households more than $3K: Analysis
President Trump's potential plan to impose a 20 percent broad tariff on all imports could put a squeeze on households, especially those on the lower end of the income spectrum, an analysis from ...The Hill - 16h -
Trump tariffs live: US stocks plummet in after-hours trading as experts warn Americans could see higher costs
Dow futures have fallen more than 1,000 points in hours after Trump’s tariff announcement; business leaders warn of fallout from Trump’s trade war. Full report – Trump announces sweeping new ...The Guardian - 8h -
Trump’s Tariffs Could Reshape the US Tech Industry
Apple, Amazon, and other tech companies reliant on global supply chains stand to lose the most from Trump's trade policies, but some software firms expect more demand for their services.Wired - 6h -
Which products will be affected by new tariffs announced by Trump?
President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.CBS News - 9h -
Trump Announces Tariffs— Get Ready for a Recession
Investors, consumers, executives and traders were already losing confidence in the economy before today.Inc. - 11h -
Small businesses brace for impact of new Trump tariffs
President Trump is set to unveil new reciprocal tariffs on April 2nd. But some small business owners are worried about the impact it could have on their bottom line. NBC News' Vaughn Hillyard spoke ...NBC News - 3d -
Why Trump's tariffs may not hit Tesla
{beacon} Technology Technology The Big Story Why Tesla may fare better under Trump's auto tariffs Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of ...The Hill - 1d -
Pricey Hockey Gear Could Get More Expensive With Canada Tariffs
The Trump tariff tumult leaves sporting goods manufacturers and sellers uncertain about orders and costs, especially for ice hockey and skating equipment.Inc. - 2d -
Democratic Sen. Bennet says he supports Trump’s threat to impose secondary tariffs on Russia
Sen. Michael Bennet (D-Colo.) says President Trump’s back and forth relationship with Russia is “crazy” but would support his call for secondary tariffs should peace talks with Ukraine fall through.NBC News - 3d -
CFPB, the consumer watchdog agency, under fire by President Trump, DOGE | 60 Minutes
The Consumer Financial Protection Bureau, a watchdog agency created to protect consumers, is under fire by President Trump and DOGE. Its new head ordered work to stop and funding to end.CBS News - 3d -
Senate Republican: Trump 'very well aware' of potential tariff risks
Sen. Ron Johnson (R-Wis.) weighed in on President Trump's looming tariffs, saying Trump is "very well aware" of the potential risks they could have on everyday Americans. Still, Johnson ...The Hill - 19h -
Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live
Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffs. Trump prepares to unveil reciprocal tariffs as markets ...The Guardian - 1d -
Ukraine war briefing: Trump sanctions threat on Russian oil buyers could hit China, India
Trump threatens Putin over ceasefire; Russia claims it has taken control of a Donetsk village. What we know on day 1,132. China and India could be affected if Donald Trump introduces tariffs of ...The Guardian - 3d -
Trump Says He’s ‘Very Angry’ at Putin and Threatens Secondary Tariffs on Russia
President Trump said he could impose tariffs on nations that buy oil from Russia if it thwarts negotiations for a peace deal in Ukraine. He suggested the same step was possible for Iran.The New York Times - 3d -
Why Tesla may avoid the blow of Trump's auto tariffs
Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of President Trump’s new tariffs on foreign vehicles and automobile parts. While foreign automakers ...The Hill - 22h -
Trump hits UK with 10% tariffs as he ignites global trade war
Britain gets off comparatively lightly but US president’s action could still cost billions in lost growth. US politics – latest updates Donald Trump has hit the UK with tariffs of 10% on ...The Guardian - 11h -
Trump’s Tariff Agenda Bets on Americans Giving Up Cheap Goods
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.The New York Times - 1d -
Trump news at a glance: sweeping tariffs announced; Musk could be nearing end of role
Trump announces ‘reciprocal’ tariffs on largest US trading partners; Elon Musk may leave government role at end of 130-day cap. Here’s your roundup of key US politics stories from 2 April 2025. ...The Guardian - 6h -
How a $1.4tn Trump trade war could unfold
Econometric study models global fallout from tariff retaliation, including dramatic rise in US pricesFinancial Times - 2d -
Tariff-wary buyers scoop up vehicles before the 'storm' hits car prices
Consumers are hitting the gas on car purchases to head off expected price hikes from Trump’s new tariffs, which threaten to reverse recent momentum in auto sales.NBC News - 16h -
Trump’s ‘Liberation Day’ Tariff Details May Not End Companies’ Wait-and-See Spending Strategy
Business leaders, consumers, and investors may learn more about Trump’s additional import duties on Wednesday, but their hesitation to commit to future spending may remain for much longer.Inc. - 14h -
Trump’s ‘Liberation Day’ Is Here. It Could Unlock the Stock Market
The president is set to unveil his tariff agenda in a highly anticipated announcement.Inc. - 19h -
Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
The S&P 500 index dropped 2 percent as investors weighed hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.The New York Times - 5d