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.
Read more at The New York Times
Topics
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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 - 23h -
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 - 1d -
Tell Us How Tariffs on Goods From China Will Affect Your Business
The New York Times wants to talk to business owners about President Trump’s imposition of additional tariffs on imports from China.The New York Times - 16h -
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 - 18h -
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 - 22h -
Trump tariffs live: US president will impose tariffs on Canada, Mexico and China from Saturday, White House says
Press secretary Karoline Leavitt announces Trump will impose tariffs of 25% on Canada and Mexico and 10% on China. Trump to impose tariffs on imports from Canada, Mexico and China Trudeau: ...The Guardian - 2d -
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 -
Canada warns Trump’s tariffs could leave US reliant on Venezuela’s oil
Foreign minister Mélanie Joly holds meetings in Washington in attempt to avert trade warFinancial Times - 2d -
Gold price hits record high on looming US tariff fears
Bullion surpasses October peak as traders stockpile in New YorkFinancial Times - 3d -
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 - 3d -
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 - 4d -
Carmakers take action against EU tariffs on e-cars from China
Yahoo News - 5d -
DeepSeek shows AI's centre of power could shift away from US
The app's strong debut has shaken beliefs that the US would remain the unchallenged global AI superpower, writes the BBC's Marc Cieslak.BBC News - 5d -
Can self-driving cars save us from ourselves?
Manufacturers promising greater safety have a problem: human drivers set the bar higher than you might thinkFinancial Times - 5d -
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 -
US exit from WHO could see fifth of budget disappear
Trump has long been critical of how the Geneva-based institution handled the Covid-19 pandemic.BBC News - Jan. 21 -
US consumers ‘resilient’ in face of high prices and interest rates
Credit card data points to ‘robust’ growth at start of 2025 after shoppers spent $1tn during holiday seasonFinancial Times - Jan. 18 -
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 -
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 -
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
More from The New York Times
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What to Know About Trump’s Tariffs on Canada, Mexico and China
Canada, Mexico and China account for more than a third of the products brought into the United States. Tariffs could lead to higher prices for consumers.The New York Times - 2h -
Why Is This C.E.O. Bragging About Replacing Humans With A.I.?
Most large employers play down the likelihood that bots will take our jobs. Then there’s Klarna, a darling of tech investors.The New York Times - 1h -
Trump’s Canada and Mexico Tariffs Could Hurt Carmakers
General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.The New York Times - 4h -
Trump Administration to Remove 4 Major News Outlets From Pentagon Office Space
The New York Times, NBC News, NPR and Politico will be replaced by outlets including the right-wing site Breitbart News as part of a “new annual media rotation,” a spokesman said.The New York Times - 14m -
You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
The Treasury Department has also eliminated the option of buying as much as $5,000 in extra inflation bonds, beyond the $10,000 annual limit.The New York Times - 1d
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Trump Administration to Remove 4 Major News Outlets From Pentagon Office Space
The New York Times, NBC News, NPR and Politico will be replaced by outlets including the right-wing site Breitbart News as part of a “new annual media rotation,” a spokesman said.The New York Times - 14m -
Stocks expected to open lower after Trump tariffs end ‘self-delusion in markets’
U.S. stock-index futures were expected to open lower Sunday night after President Donald Trump announced heavy tariffs on imports from Canada, Mexico and China, as investors braced for volatility ...MarketWatch - 40m -
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US demands Panama reduce Chinese influence over canal or face action
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