US Edition
Highest US Tariffs Since WWII Set to Cut Growth, Boost Inflation
UNITED STATES, AUG 01 – Tariffs and research cutbacks have slowed productivity and reduced growth to 1.2 percent in 2025, while inflation rose at a 3 percent annual rate, experts say.
Summary by Bloomberg
10 Articles
10 Articles
U.S. consumers hit with highest tariffs since 1934, Yale study finds
The overall average effective tariff rate on imported goods in the U.S. has reached 18.3 percent by July 31, 2025, the highest level since 1934, according to latest estimates of the Budget Lab at Yale University on Friday.
·Beijing, China
Read Full Article
Local 3 News+6 Reposted by 6 other sources
US President Donald Trump has said that tariffs will not lead to higher prices. But the US economy seems to disagree: inflation, which has remained fairly moderate, is slowly rising due to…
Coverage Details
Total News Sources10
Leaning Left3Leaning Right0Center7Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
L 30%
C 70%
Factuality
To view factuality data please Upgrade to Premium
