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As shown on the chart below ... several reasons why higher import costs may not have yet translated into higher prices. These include retailers "front-running" or stocking up on inventory ahead of a ...
Trump administration's trade policy produces monthly revenue of $29.6 billion in July as officials explore debt reduction ...
The basic intuition for the tariff is that foreign sellers want access to the huge U.S. market and are willing to pay a fee ...
The revised duty regime, which begins on August 7, affects 69 countries and was unveiled just hours before the initial deadline of 12:01 am EDT on Friday ...
That’s the equivalent of a $2,400 loss of income per U.S. household, the group said. Companies are dealing with tariffs in various ways. Many automakers appear to be swallowing tariff costs for now.
Trump's tariffs threaten to weaken the stability of the global trading system, explains economist Devashish Mitra.
Bruegel, an economics-focused think tank in Brussels, similarly reported in April that, as of 2024, the average U.S. tariff rate on imports from the EU was 1.47%, while it was 1.35% on EU imports ...