Jobs News How Trump’s Tariff Plans Could Kill Jobs And Worsen Inflation
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Trump’s tariffs will cost global businesses $1.2T this year — but consumers are shouldering most of the burden. What you can do to fight cost creep
U.S. consumers are bearing 55% of the cost burden of tariffs already, according to recent Goldman Sachs data reported by NBC News (5). S&P Global, meanwhile, says that only about one-third of Trump’s ... Read More
Trump considering $2,000 tariff ‘dividend’ for Americans
President Trump said Thursday he’s still weighing the idea of giving Americans up to $2,000 in rebates derived from the revenues his tariff agenda has generated. Trump’s proposal to share some of the ... Read More
Trump faces backlash on economy as inflation rises
President Trump is facing growing pressure over his handling of the economy as inflation rises, the job market weakens and American exporters suffer backlash from his trade agenda. Federal data ... Read More
Trump again floats the idea of $1,000–$2,000 stimulus checks from tariff revenue, but action unlikely
WASHINGTON — President Trump has once again mentioned his idea of sending out stimulus checks to Americans. In an interview with One America News Thursday, he was asked what he would do with the ... Read More
Why Trump’s plan for tariff rebate checks must inevitably end in failure
In recent months, as Donald Trump’s trade tariffs have taken root, the president has occasionally floated the idea of turning tariff revenue into checks his administration would send to the public. Read More
US President Trump’s Tariff Proposals Acted As Tax On American Consumers, Raising Inflation: Former IMF Chief Economist Gopinath
New Delhi: US President Donald Trump’s tariff proposals acted as a tax on US consumers, raised inflation, and had no benefit to the American economy, said former IMF Chief Economist Gita Gopinath on ... Read More
Trump extends tariff relief for U.S. auto industry
Trump’s order also gave automakers relief from separate tariffs that he applied to steel and aluminum products. The latest announcement will extend a tariff offset program from two years to five. Read More
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