Tag: tariffs
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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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China reacts to Trump’s tough talk on tariffs and Taiwan
China reacts to Trump’s tough talk on tariffs and Taiwan – CBS News Watch CBS News Beijing is bracing for President-elect Donald Trump’s tough stance on tariffs and Taiwan. Ramy Inocencio has more on Trump’s possible plans and the reaction they are eliciting abroad. Be the first to know Get browser notifications for breaking news,…
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Can Trump impose tariffs without Congress? It’s complicated, according to experts.
President-elect Trump, who has said he thinks “tariff” is “the most beautiful word in the dictionary,” has proposed a variety of taxes on goods imported from other countries. His aim is to deter American companies from relying on parts and goods from overseas, including from China, by making it more expensive for them to do…
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Steve Madden says it will cut production in China to avoid Trump tariffs
Trump promises tariffs for economic plan Trump promises tariffs to help pay for economic plans 08:18 One company is already responding to President-elect Trump’s proposed tariffs, which if imposed could result in higher prices for American consumers as retailers pass along added costs on imports to shoppers. Shoemaker Steve Madden says it plans to import fewer goods…
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What could Trump’s second term bring? Deportations, tariffs, Jan. 6 pardons and more
When President-elect Donald Trump is inaugurated in January, he’ll assume the powers of the presidency with a surer sense of what he wants to accomplish and how to get it done, after four years on the job and four years planning his return. A Republican-controlled Senate likely puts his nominees on a glide path to…