Latest in Trump tariffs 101: A tax on Americans that raises prices and lowers incomes
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Trump tariffs 101: A tax on Americans that raises prices and lowers incomes
Congress has given the president the power to impose new taxes.MarketWatch - 14h -
Trump tariffs could raise US fuel prices
President Trump’s tariffs on Mexico and Canada could raise energy prices for U.S. consumers. On Tuesday, tariffs against both of America’s neighbors took effect. The broader tariffs included a 10 ...The Hill - 1d -
Trump tariffs could raise fuel prices
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Trump tariffs could raise fuel prices President Trump’s tariffs on Mexico and Canada could raise ...The Hill - 1d -
Oil prices end lower on plans for OPEC+ output hike and Trump’s tariffs
Oil futures declined Monday after OPEC+ said it will boost output starting in April, and as President Donald Trump’s planned tariffs on imports from Canada and Mexico threatened to slow demand for ...MarketWatch - 2d -
Trump’s tariffs will take their toll on fresh fruit and vegetables — that’s bad news for low-income Americans
Call it the attack of the killer tomato tariffs.MarketWatch - 19h -
Poll and analysis: Americans most want to hear Trump talk about lowering prices
Republicans are more likely than Democrats to say they'll watch President Trump's joint address to Congress.CBS News - 1d -
North American pipeline company warns Trump tariffs will hit fuel prices
TC Energy chief says continent needs to deepen cross-border ties to avoid inflation and protect energy securityFinancial Times - 19h -
This tax break for lower-income retirement savers is a 'well-kept secret,' expert says
The retirement savings contributions credit, or saver's credit, can help offset funds added to retirement accounts. But most taxpayers don't claim it.CNBC - Feb. 24 -
Trump tariffs will raise gasoline and electricity prices in the U.S., Canada energy minister says
Canadian Energy Minister Jonathan Wilkinson said tariffs are a "lose, lose proposition" for the U.S. and Canada.CNBC - 1d -
Trump's Mexico tariffs could raise produce prices in the next few days, Target CEO says
President Donald Trump's tariffs on Mexico could raise prices on strawberries, avocados and bananas, Target CEO Brian Cornell said.CNBC - 1d -
Trump and Musk float 'DOGE dividends.' Low-income Americans might not benefit.
President Donald Trump recently touted the of "DOGE dividends," which came to a 30-year-old investor in a dream and caught the attention of Elon Musk on X.NBC News - Feb. 23 -
In Democratic response, Slotkin says Trump has no plan to lower grocery prices
The Michigan senator said his tariffs will raise the cost of cars and lumber.ABC News - 1d -
Consumers elected Trump to lower prices — his policies could do the opposite
“We’re not seeing anything that is credibly going to address the high prices of food, housing, and health care that he pledged to do something about,” one economist said.MarketWatch - 12h -
How Tariffs Could Raise Prices for U.S. Consumers: Avocados, Gas and More
New tariffs on goods from Canada, Mexico and China took effect Tuesday. They are likely to result in higher prices for Americans.The New York Times - 2d -
Majority of Americans say income not matching inflation: Poll
A majority of Americans say their income is not matching pace with inflation, a new survey found. According to the CBS News/YouGov poll released Thursday, 77 percent of respondents say their income ...The Hill - 6d -
How Trump’s Tariffs Could Affect American Companies
Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.The New York Times - 3d -
Trump delays tariffs on North American cars
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump exempts autos from new Canada, Mexico tariffs Trump spoke with the leaders of ...The Hill - 12h -
Trump Tariffs Rattle Border Businesses as They Hike Prices
Uncertainty and the threat of further disruption prompt big changes and plenty of worries at small companies that depend on cross-border business.Inc. - 1d -
Tariffs will wipe out all profits for Detroit's Big Three if they don't raise prices, estimates Barclays
U.S. President Donald Trump’s recent levies could eradicate the profits of “Big Three” automakers General Motors, Ford and Stellantis, according to Barclays.NBC News - 1d -
Tariffs could raise prices for new homes—see how much more it could cost buyers
Tariffs are expected to raise homebuilding costs, increasing prices for buyers.CNBC - 14h -
Here's why Trump tariffs may raise your car insurance premiums
The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis.NBC News - Feb. 24 -
Here's why Trump tariffs may raise your car insurance premiums
If they take effect, tariffs are expected to raise costs for auto insurers to repair or replace cars, meaning motorists pay higher premiums.CNBC - Feb. 24 -
Trump’s Tariffs Are Raising Costs for One of His Favorite Industries: Oil
The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and aluminum imports.The New York Times - 5d -
Trump tariffs on Canada, Mexico raises risks, tough choices for businesses
U.S. businesses are bracing for the impact of President Trump's new tariffs on Canadian and Mexican goods. After months of threats and pushed deadlines, Trump said Monday he would go ahead with ...The Hill - 2d -
Trump considers tariffs to counter digital services taxes on Big Tech
President orders probes into levies imposed by EU, UK and Turkey on US companiesFinancial Times - Feb. 22 -
Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts
Trump is moving fast and breaking things. That’s creating more chaos than progress.MarketWatch - 1d -
Best Buy CEO says tariffs make price increases for Americans highly likely
Tariff uncertainty is adding to the pressure on consumers caused by a long period of high inflation, sending the retailer’s stock toward its worst day in more than 3 yearsMarketWatch - 1d -
Oil prices end lower, erasing weekly gains
“A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.MarketWatch - Feb. 21 -
Agriculture secretary outlines plan to lower egg prices
U.S. Department of Agriculture (USDA) Secretary Brooke Rollins outlined a “five pronged strategy” to lower the cost of eggs in a Wednesday Wall Street Journal op-ed citing the avian flu as an ...The Hill - Feb. 26 -
Americans say incomes not keeping up with inflation — CBS News poll
Americans express concern about their ability to pay bills and save money.CBS News - 6d -
Why Trump’s move to boost the U.S. copper market is a ‘pipe dream’ that could raise prices
President Donald Trump has made it clear that he is concerned about the United States’ dependence on foreign countries for much of its copper and is looking to boost domestic mining of the metal, ...MarketWatch - 5d -
Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?
Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.MarketWatch - Feb. 22 -
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.The New York Times - Feb. 25 -
How Trump's new tariffs will affect Americans: 5 things to know
President Trump kicked off a trade war Tuesday, levying major tariffs on the top three U.S. trading partners — Canada, Mexico and China. He imposed 25 percent import taxes on Canada and Mexico, and ...The Hill - 1d -
Trump's tariffs could quickly cut North American auto production by a third
A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.CNBC - 1d -
Tariffs, Ukraine and Gaza loom over Trump's 'American Dream' address
The theme of Trump's Tuesday address is "Renewal of the American Dream," but he's also expected to remark on what his second-term agenda may mean for the world.ABC News - 1d -
Kentucky Distillers' Association responds to Trump tariffs: 'Hard-working Americans … will suffer'
entucky’s bourbon industry is bracing for potential economic fallout after President Donald Trump imposed tariffs on imports from Canada, China and Mexico this week — and after all three countries ...The Hill - 18h -
Trump held calls with American automakers worried about tariffs
President Trump spoke to the leaders of Stellantis, Ford and General Motors as his tariffs on Canada, Mexico and China took effect. The stock prices for the American automakers fell after Mr. ...CBS News - 14h -
Trump's new tariffs could hike car prices by $12,000, report says
Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.CBS News - 2d -
Trump’s tariffs take effect: What prices are set to increase?
President Donald Trump’s sweeping tariffs on imports from Canada, Mexico and China took effect at midnight. Reporting for TODAY, NBC’s Christine Romans says it’s only a matter of time until ...NBC News - 1d