Us Breaking News Trump Tariffs To Stoke Us Food Inflation Despite Pledge To Lower Costs

Tariffs are starting to bite consumers and businesses, economists say

Economists say the Trump administration's sweeping tariffs on imports are boosting consumer prices in the U.S. Read More

US consumers shouldering 55 percent of Trump tariff costs: Goldman Sachs

A new Goldman Sachs analysis says American consumers will shoulder 55 percent of the costs from President Trump’s tariffs this year. American businesses and foreign exporters will take on 22 ... Read More

Trump warns US will be 'struggling for years' if Supreme Court rules against him on tariffs

President Donald Trump warned the U.S. economy will struggle for years if the Supreme Court strikes down his IEEPA tariffs as being unconstitutional and exceeding his authority. Read More

Tariffs Have Pushed Up Inflation, And There Are More Price Hikes To Come, Economists Say

U.S. consumers are footing much of the bill for tariffs, and are likely to pick up an increasing share of the import taxes in the coming months, several separate economic analyses said this week. Read More

How the United States is eating Trump's tariffs

Adapting to Trump's tariffs - a still-incomplete set of levies that pushed import taxes from an average of around 2% to an estimated 17% - is still underway. It is seen taking months longer as ... Read More

How Trump might make history at Nov. 5 Supreme Court argument on tariffs

Trump said he might attend the Supreme Court argument on tariffs because he argued the case is so important to the country's financial security. 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

Fox Report Flags Rising Beef Costs as Farmers Struggle Under Trump Tariffs

Fox Business put a spotlight on America’s beef problem this week, highlighting how a perfect storm of drought, shrinking herds, and lingering Trump trade tariffs is pushing up prices at the grocery ... Read More

As new tariffs take effect, US consumers footing more than half the burden: Report

With new tariffs taking effect Tuesday, Goldman Sachs finds American consumers are paying for more than half of the cost of the levies imposed by President Donald Trump. Read More

Trump’s tariffs are driving a wedge through the US economy, further separating the haves from the have-nots

Americans ramped up their spending in August; however, their costs of living were on the rise as food and other goods became even more expensive last month and services prices remained stubbornly high ... Read More