Latest in Tariffs Could Inflate Food Prices Despite Trump Pledge to Lower Costs
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Tariffs Could Inflate Food Prices Despite Trump Pledge to Lower Costs
Though Trump pledged to lower grocery prices, tariffs could raise prices.Inc. - 5h -
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 - 12h -
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 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 - 2h -
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 - 1d -
Omnitron Sensors’ MEMS could rid us of the spinning tops on self-driving cars (and lower costs too)
Omnitron Sensors, which makes MEMS sensor chips, has raised $13 million to create inexpensive sensors for self-driving cars.VentureBeat - 2d -
Here’s how much gas could cost you if Trump’s threatened tariffs go through
President Trump has threatened to place 25% tariffs on Canada and Mexico as soon as this Saturday, potentially disrupting the relatively stable prices drivers have been paying for gasoline during a ...MarketWatch - 3d -
Beshear: Trump addressing ‘everything but inflation and prices’
Kentucky Gov. Andy Beshear (D) said President Trump is addressing everything “but inflation and prices” in his first week in office. Beshear joined CNN on Tuesday, where he weighed in on Trump's ...The Hill - 4d -
How Trump's tariffs could impact your wallet
President Trump has promised to make tariffs a central part of his economic and foreign policy. NBC News' Zinhle Essamuah explains how tariffs work and how they could impact your personal finances.NBC News - 5d -
Trump Tariffs Could Hit Cars, Clothes and Food Prices Fast
The levies could go into effect within the next few days.Inc. - 5d -
Oil prices end lower on Trump’s tariff talk, concerns over AI-related power demand
Oil futures settled lower on Monday, as the Trump administration’s ongoing tariff threats and their potential economic impact, along with concerns over the potential for a slowdown in AI-related ...MarketWatch - 5d -
Democrats urge Trump to make good on campaign pledge to lower food prices
Elizabeth Warren and fellow lawmakers slam president for not keeping promise to reduce grocery bills ‘immediately’. US politics live – latest updates Democrats have challenged Donald Trump ...The Guardian - 5d -
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 - 5d -
Democrats slam Trump for not making good on promise to 'immediately' lower food prices
Trump vowed to slash grocery prices as soon as he took office, yet he has barely addressed the cost of food so far, Sen. Warren and others wrote in a letter.NBC News - 5d -
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 - 5d -
Trump Wants to Impose 25% Tariffs on Colombia. Here’s What Could Cost More.
Colombia is a relatively minor trading partner to the United States, but some industries are much more exposed than others.The New York Times - 6d -
Inflation Isn’t Trump’s Primary Concern. Here’s What That Means for Consumer Prices
Despite Trump’s flurry of executive orders, none touched on inflation or consumer costs.Inc. - 6d -
Trump rolls back effort to lower Medicare, Medicaid drug costs
Trump’s executive order halts an effort to cap the copayment for generic medications at $2 for Medicare beneficiaries.MarketWatch - Jan. 25 -
Trump Tells Davos Crowd He Will Demand Lower Interest Rates, Oil Prices
Via video address, the new U.S. president lets the world know he’s not thinking about small-scale changes.Inc. - Jan. 24 -
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 -
Trump promised to lower housing costs. Mortgage rates stand in the way.
The 30-year mortgage rate fell for the first time in six weeks, but remains elevated.MarketWatch - 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 -
Oil at 2-week low as Trump’s efforts to lower crude prices imply a boost in output
Oil futures finished Thursday at their lowest in two weeks after President Donald Trump said he would ask Saudi Arabia and OPEC to lower oil prices, implying that he would pressure major oil ...MarketWatch - Jan. 23 -
Trump wants the feds to lower prices for Americans. Can he deliver?
President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.CBS News - 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 -
China sees room to avert trade war with Trump despite tariff threat
New US president hints at potential agreement linking TikTok ownership with tariffsFinancial Times - Jan. 22 -
Trudeau Promises 'Robust' Response After Trump's Tariff Pledge
The Canadian prime minister reiterated his willingness to retaliate forcefully against U.S. tariffs—perhaps matching with dollar-for-dollar Canadian tariffs.The Wall Street Journal - Jan. 21 -
Trump rolls back Biden directive to study methods of lowering prescription costs
Among the dozens of Biden-era executive orders he rescinded on day one, President Trump nixed one that aimed to explore new health care payment models that would lower prescription costs for ...The Hill - Jan. 21 -
Oil ends lower as Trump’s output and tariffs plans fuel supply uncertainty
Oil futures ended lower on Tuesday as traders weighed prospects for crude supplies after President Donald Trump vowed to boost already record U.S. crude output, threatened to implement a steep ...MarketWatch - Jan. 21 -
Trump trade battles could spike food prices, help China: former Mexico trade chief
Trade battles being threatened by President Trump would spike food prices, help China and risk key U.S. economic relationships, Mexico's former trade chief said Monday “I say bring it on," Kenneth ...The Hill - Jan. 21 -
The swing voters who helped Trump win crave change — even if lowering prices proves challenging
The swing voters who helped President-elect Donald Trump return to the White House are feeling optimistic about the next four years, but they’ll be watching to see whether their desire for change ...NBC News - Jan. 17 -
Many Americans Doubt Trump’s Ability to Lower Prices in His First Year
A new poll shows only 20 percent of respondents have high confidence in the president-elect’s prospects for reducing the costs of groceries, housing, or health care in 2025.Inc. - Jan. 16 -
Just 2 in 10 confident Trump can lower costs in first year: Survey
Only approximately 2 in 10 Americans say they are confident that President-elect Trump can lower costs in his first year in office, according to a new survey from The Associated Press-NORC Center ...The Hill - Jan. 16 -
Trump's picks are grilled on climate, tariffs and inflation in third day of hearings
The Senate Judiciary Committee will hold Day 2 of the confirmation hearing for Pam Bondi's expected nomination for attorney general.NBC News - Jan. 16 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - Jan. 10 -
Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas tradingFinancial Times - Jan. 9 -
Seth Meyers Slams Trump for Empty Campaign Promises to Lower Inflation
“Come on, man, you talked about this, like, every day on the campaign trail,” Meyers said of the president-elect. “You even brought props.”The New York Times - Jan. 9 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6