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.

Topics

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 - 16h
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
Who Pays for Tariffs? Here’s What You Need to Know.

President Trump has insisted that his new tariffs on America’s largest trading partners will not increase prices for Americans. But a review of how they work suggests that is not the case.
The New York Times - 1h
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
What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More

President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.
The New York Times - Jan. 23
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
Trump's second term could mean the downfall of the FDIC, CFPB: Here's what that means for consumers

Here's what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau.
CNBC - Jan. 18
What happens if you don’t pay a medical bill, now that medical debt may not hurt your credit score?

Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.
MarketWatch - Jan. 11
Apple's Siri settlement could mean money for consumers — what to know

Apple will pay $95 million to settle allegations that its Siri virtual assistant violated people's privacy by eavesdropping on mobile device users.
CBS News - Jan. 3

What are tariffs, who pays them, and could they hurt US consumers?

Topics

Related

Trump’s Canada and Mexico Tariffs Could Hurt Carmakers

Trump Tariffs Could Hurt Oil Companies and Raise Gas Prices

Who Pays for Tariffs? Here’s What You Need to Know.

How Trump tariffs could upend car markets in Europe, the US and China

What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More

Trump promised to lower gas prices — but his tariffs could help raise them instead

Trump's second term could mean the downfall of the FDIC, CFPB: Here's what that means for consumers

What happens if you don’t pay a medical bill, now that medical debt may not hurt your credit score?

Apple's Siri settlement could mean money for consumers — what to know

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Trump 2nd term live updates: Canada, Mexico respond to Trump's steep tariffs