Trump Says 'Can't Guarantee' Consumer Prices Won't Rise After Tariffs

Los Angeles Times

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In the interview, Trump defended tariffs in general, saying that tariffs “will make us rich.”

Daily Kos

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Trump backtracks on vow to lower grocery costs

Donald Trump admitted in an interview with Time magazine that he likely cannot lower the cost of groceries—a key promise of his campaign that helped him get elected despite the fact that he faced multiple criminal indictments. "Look, they got them up....

Political Wire

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Trump Says He’s Not Sure He Can Bring Prices Down

President-elect Donald Trump told Time his presidency would not be a failure if he cannot bring the price of groceries down. Said Trump: “It’s hard to bring things down once they’re up. You know, it’s very hard.” This is quite a reversal from what he promised during the campaign.

Penn Live

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Trump’s tariffs will raise prices on food, cars, lumber, you name it

Donald Trump will not keep most of his promises but will use the situation to fleece companies when his specific tariffs are a serious threat to them. Trump wants “a 25% tax on all products that enter the country from Mexico and Canada and a 10% additional tariff on products from China,” Jimmy Kimmel noted.Mexico and Canada supply 53% of our goods including milk, cars, lumber, and 89% of our vegetables - can you imagine the effect of their “reta…

El Financiero

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The imposition of tariffs of up to 25 percent on Mexican and Canadian products that are exported to the United States, with which the president-elect of the American Union, Donald Trump, threatened, would cause losses of up to 24 billion dollars in exports of automotive components, estimated the National Autopartes Industry (INA).Experts point out that although it is very likely that the main partners of the Trade Agreement between Mexico, the U…

ciodive.com

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How CIOs can prepare for Trump’s tariffs plan

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.