Latest in Will Trump's tariffs increase construction costs for Americans
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Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn
The U.S. relies heavily on other countries for pharmaceutical products, especially for generic drugs.CNBC - 1h -
Will Trump's tariffs be good for Americans in the long run?
President Trump's tariffs imposed on Mexico, Canada and China are expected to impact American wallets. Daniel Tannebaum, a partner at Oliver Wyman's Risk and Public Policy Practice, joins CBS News ...CBS News - 2h -
Trump’s Trade Move Could Increase Costs for Many Online Goods
The president’s tariff measures included a big change to trade rules that could increase costs for many purchases from sites like Amazon, Shein and Temu.The New York Times - 2h -
Anglo boss warns Trump tariffs will push up cost of mining for years
Wanblad’s remarks come as a worldwide trade war threatens to upend the flow of commoditiesFinancial Times - 4h -
Trump Says Americans May Experience Tariff ‘Pain’
Trump’s tariffs may break his election vow to reduce inflation.Inc. - 1d -
Trump’s new tariffs might not hit clothing retailers much now, but analysts warn price increases could backfire
Lots of clothes on store shelves could get a bit more expensive as a new round of tariffs from President Donald Trump takes hold on Tuesday. But after three years of price increases and higher ...MarketWatch - 1h -
Will Trump's tariffs increase construction costs for Americans?
Americans may see an increase in costs for building materials after President Trump imposed new tariffs on Canada, which contributes lumber to the U.S. CBS News business contributor Javier David ...CBS News - 5h -
How Trump's tariffs could impact home construction prices
President Trump's tariffs on Canada could impact new home construction costs. James W. Tobin, the president and CEO of the National Association of Home Builders, joins CBS News with more.CBS News - 5h -
Trump says Americans could feel "some pain" with new tariffs set to go into effect
New tariffs instituted by President Trump against Canada, Mexico and China are set to be implemented Tuesday. CBS News correspondent Natalie Brand has the latest information on them.CBS News - 8h -
McConnell: Trump tariffs 'will drive the cost of everything up'
Former Senate Republican Leader Mitch McConnell (R-Ky.) is warning that President Trump’s 25-percent tariffs on Canada and Mexico “will drive the cost of everything up” and wondering, “Why would ...The Hill - 10h -
Klobuchar says Trump tariffs are 'not what American economy needs right now'
Sen. Amy Klobuchar (D-Minn.) criticized President Trump’s decision to impose 25 percent tariffs on Mexican and Canadian goods and a 10 percent tariff on Chinese exports. In an interview on MSNBC’s ...The Hill - 1d -
Trump warns Americans that tariffs may cause ‘pain’– US politics live
US president says measures against Mexico, Canada and China will ‘all be worth the price’. After Donald Trump’s return to the White House, Volkswagen, Germany’s largest carmaker, said that tariffs ...The Guardian - 1d -
Republicans downplay worries about rising costs due to Trump’s tariffs
Homeland Security Secretary Kristi Noem on Sunday defended President Donald Trump's decision to impose tariffs on China, Canada and Mexico, saying in an interview: "Economically, yes, they will, ...NBC News - 1d -
US businesses brace for Trump's tariffs to drive up costs
From an ice cream parlor in California to a medical supply business in North Carolina to a T-shirt vendor outside Detroit, U.S. businesses are bracing to take a hit from the taxes President Donald ...ABC News - 1d -
Increasing egg prices have Americans scrambling
The "CBS News MoneyWatch Price Tracker" shows that a dozen eggs cost, on average, $4.15, compared to $2.51 a year ago, an increase of 65%. Hold onto your shopping carts because that number is ...CBS News - 1d -
Tariffs Could Inflate Food Prices Despite Trump Pledge to Lower Costs
Though Trump pledged to lower grocery prices, tariffs could raise prices.Inc. - 2d -
Why ditching the penny may not cost Americans much
Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.MarketWatch - 2d -
How could tariffs impact Americans and the economy?
The Trump administration's sweeping tariffs on the U.S.'s three biggest trading partners, Canada, Mexico and China, are set to go into effect on Saturday. David Wessel, senior fellow for economic ...CBS News - 2d -
How Trump’s Tariffs Could Affect Americans
President Trump relies on tariffs to address trade, immigration and drug issues. Ana Swanson, who covers trade and international economics for The New York Times, explains their potential impact on ...The New York Times - 2d -
Southwest Airlines expects slower pace of cost increases, but inflation persists
Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a fourth-quarter profit due to a boost from lower fuel prices.MarketWatch - 4d -
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 - 5d -
What are the costs of Trump's immigration crackdown?
President Trump's administration is carrying out nationwide immigration raids conducted by U.S. Immigration and Customs Enforcement. Jeremy Robbins, executive director of the American Immigration ...CBS News - 6d -
Krugman: Trump immigration crackdown ‘set to hobble food production and home construction’
Economist Paul Krugman said he believes President Trump’s immigration crackdown will “hobble” the country’s food production and home construction. In a post on his Substack, Krugman said he’s spent ...The Hill - Jan. 27 -
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 - Jan. 26 -
Colombian president orders increase of import tariffs on US goods after Trump order
Colombian President Gustavo Petro on Sunday ordered an increase of import tariffs on goods from the United States in retaliation to President Trump's tariffs and sanctions. Petro, in a post on the ...The Hill - Jan. 26 -
Colombian president orders increase of import tariffs on US goods in retaliation to similar order from President Trump
Colombian president orders increase of import tariffs on US goods in retaliation to similar order from President TrumpABC News - Jan. 26 -
Trump’s early moves could actually increase drug prices for seniors
Perhaps retirement issues aren’t top of mind for the president.MarketWatch - Jan. 24 -
Trudeau says Americans will pay more whenever Trump decides to impose tariffs on Canada
Outgoing Canadian Prime Minister Justin Trudeau says prices for Americans will go up if President Donald Trump follows through with his vow to apply sweeping tariffs on Canadian productsABC News - Jan. 23 -
Trump tells Putin to reach Ukraine ‘deal’ soon or US will increase sanctions
US president says Washington could impose more trade restrictions on MoscowFinancial Times - Jan. 22 -
Why the increase in child-care costs comes at a bad time for many parents
As more companies require remote employees to return to the office, working parents are struggling not only with upended schedules, but with the expense of additional child care.MarketWatch - Jan. 17 -
Extreme weather like California wildfires has increased homeowners’ insurance costs. Now we know how much extra they’re paying.
A new Treasury Department analysis looks at how climate-related disasters affected 246 million insurance policies.MarketWatch - Jan. 17 -
Americans stocking up on foreign goods before Trump tariffs: ‘a sense of urgency’
As inauguration day approaches, consumers scooping up iPads, building supplies, shelf-stable foods and electric cars. Tablets and appliances made in China, hybrid cars built in Canada, European ...The Guardian - Jan. 11 -
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 -
European wind stocks tumble after Trump says he will stop new turbine construction
The president-elect went on a lengthy attack against wind turbines during a news conference.CNBC - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
Trump eyes the end of wind energy construction
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Trump eyes the end of wind energy construction President-elect Trump indicated Tuesday that ...The Hill - Jan. 7 -
OpenAI's Sam Altman urges Trump to ease power plant, data center construction
OpenAI CEO Sam Altman suggested that President-elect Trump should ease restrictions on data center and power plant construction to help boost the development of energy-intensive artificial ...The Hill - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
‘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 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5