How Trump's latest tariffs could affect your wallet
- President Trump announced new sweeping tariffs, impacting nearly all U.S. Trading partners.
- Trump claimed tariffs would protect domestic industries and increase federal revenue streams.
- These tariffs, with a baseline of 10%, increase import tax rates to levels unseen since 1910.
- Economist Josh Stillwagon stated, "It is going to affect everything in the economy."
- Experts warn that consumers will likely face higher prices and potential economic consequences.
55 Articles
55 Articles
Trump’s latest tariffs will increase the cost of building a new home by an average of $9,200
President Donald Trump has unveiled his latest tariffs, and they could have significant implications for your wallet. Trump's sweeping new tariffs, on top of previous levies and retaliation worldwide, are expected to increase prices for everyday items. The trade wars have already roiled financial markets and plunged businesses into uncertainty — all while economists warn of potentially weakened economic growth and heightened inequality. Which im…
How President Donald Trump’s latest tariffs could affect your wallet
NEW YORK — President Donald Trump has unveiled his latest tariffs, and they could have significant implications for your wallet. Trump’s sweeping new tariffs, on top of previous levies and retaliation worldwide, are expected to increase prices for everyday items. The trade wars have already roiled financial markets and plunged businesses into uncertainty — all while economists warn of potentially weakened economic growth and heightened inequalit…
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