Tag: proposed
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Trump’s proposed tariffs could raise U.S. grocery prices, analysis finds
Americans say they continue to feel the aftereffects of the highest inflation in four decades, especially at the grocery store, where prices remain 26% higher than before the pandemic. President-elect Donald Trump’s proposed tariffs could cause even more financial strain in the nation’s food aisles by reigniting price hikes, according to a recent study. Although…
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Businesses brace for Trump’s proposed tariff hikes
Businesses brace for Trump’s proposed tariff hikes – CBS News Watch CBS News President-elect Donald Trump campaigned on raising tariffs — especially on products from China — as a way to boost manufacturing in the U.S. Carter Evans met a California business owner who’s worried about the impact the tariffs could have if enacted. Be…