Latest in From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
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Across Border From Detroit, Bafflement and Anger Over U.S. Tariffs
Windsor, the heart of Canada’s auto industry, had been on the upswing. Now people feel betrayed by a neighbor, fearing that factories will close.The New York Times - 1h -
3 Mexican Sectors Most Affected by U.S. Tariffs, and How the Country Could Respond
President Trump’s tariffs will have major effects on Mexico’s auto industry, agriculture and energy, but the country has some means for responding.The New York Times - 3h -
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.The New York Times - 6h -
Ontario to remove U.S. alcohol from shelves after Trump’s tariffs announcement
Ontario will pull all American alcohol from its government-run liquor shelves beginning Tuesday in response to U.S.NBC News - 8h -
Ontario to remove U.S. alcohol from shelves after Trump's tariffs announcement
The Liquor Control Board of Ontario will remove American alcohol from its shelves in response to U.S. President Trump's tariffs on Canada.CNBC - 8h -
Here's how tariffs on Canada, China and Mexico may impact U.S. consumers
President Donald Trump signed orders on Saturday placing tariffs on Canada, China and Mexico. Here's how that may affect U.S. consumers.CNBC - 13h -
Tariffs Could Inflate Food Prices Despite Trump Pledge to Lower Costs
Though Trump pledged to lower grocery prices, tariffs could raise prices.Inc. - 1d -
How Trump’s proposed tariffs could impact prices and your wallet
President Trump is fulfilling a campaign promise to impose major tariffs on Canada, Mexico and China that economists say will likely raise the price you pay on a number of items. NBC’s Christine ...NBC News - 1d -
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 - 2d -
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 - 22h -
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 - 1d -
What are tariffs, who pays them, and could they hurt US consumers?
Trump claims more taxes on trade wouldn't be a cost to the US - but almost all economists dispute this.BBC News - 1d -
Here’s how tariffs on Canada, China and Mexico may impact U.S. consumers
President Donald Trump has repeatedly discussed imposing tariffs, both during the campaign and since taking office, and the first tranche, on goods from Canada, China and Mexico will take effect Feb.NBC News - 1d -
These prices could climb within days if Trump slaps tariffs on Canada and Mexico
The Trump administrations says the tariffs will take effect on Feb. 1.ABC News - 2d -
How Trump tariffs could upend car markets in Europe, the US and China
Levies threaten exporters to US market, while scrapping of subsidies will hit EV sales – and Tesla could gain. The internal combustion engine appears to hold a special place in Donald Trump’s ...The Guardian - 5d -
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Trump Tariffs Could Hit Cars, Clothes and Food Prices Fast
The levies could go into effect within the next few days.Inc. - 6d -
Democrats knock Trump for not quickly lowering grocery prices
A group of Democrats on Sunday knocked President Trump for not quickly lowering grocery prices. “We write to ask about your Administration’s plan to lower food prices for American families. ...The Hill - 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 -
Vance: Gas, grocery prices 'are going to come down,' but it will 'take a little bit of time'
Vice President Vance said in an interview on CBS News’s “Face the Nation" with Margaret Brennan that prices will start coming down, but it might not happen immediately. “Prices are going to come ...The Hill - Jan. 26 -
Americans spend $900 billion a year on goods from Mexico and Canada. Tariffs could affect these prices the most.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of these products could rise if President Trump carries out his threat to ...MarketWatch - Jan. 25 -
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 -
Netflix raising prices as subscriptions soar
Netflix plans to raise the cost of a subscription after reporting one of its best financial quarters to end 2024. A standard basic plan including advertisements will now cost $17.99, with a premium ...The Hill - Jan. 22 -
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 -
Netflix to raise prices in US as new subscribers soar
Squid Game 2 and live sports, including the Jake Paul v Mike Tyson fight, fuelled new memberships.BBC News - Jan. 22 -
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.The New York Times - Jan. 21 -
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.CNBC - Jan. 17 -
Microsoft raises price of consumer version of Microsoft 365 for first time in 12 years
In a blog post Thursday, Microsoft said it's increasing the price of its Microsoft 365 bundle for consumers by $3 a month.CNBC - Jan. 16 -
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.CNBC - Jan. 16 -
UPS could help end the ‘freight recession’ this year. It may have to raise prices first.
Analysts say deregulation, lower taxes under Trump could spur small-business investments and more shipments — but tariffs could weigh down volumes.MarketWatch - Jan. 16 -
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats
Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.Inc. - Jan. 13 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
Price Stability Slowly Returns to Used Car Markets
Reduced new auto production during the pandemic cut used car supplies, too, contributing to double-digit price fluctuations and sector instability that may finally be ending.Inc. - Jan. 9 -
How car loans became Britain’s latest consumer finance scandal
Hidden commissions to car dealers inflated costs for buyers. The legal fallout could cost banks billions and restrict access to creditFinancial Times - Jan. 9 -
Chinese consumer prices barely rise as deflationary pressure weighs
Beijing has struggled to stimulate domestic demand in economyFinancial Times - Jan. 9 -
Nvidia CEO Pitches Robotics, Cars as Growth Areas to Consumer-Electronics Audience
Jensen Huang’s address at CES followed a trading session that sent Nvidia’s value to $3.66 trillion.The Wall Street Journal - Jan. 7 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6
