Trump’s Tariffs: Why You’re Paying the Bill
Goldman Sachs report finds U.S. consumers will shoulder 55% of Trump’s tariffs this year, pushing inflation toward 3% by December.
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Goldman Sachs report finds U.S. consumers will shoulder 55% of Trump’s tariffs this year, pushing inflation toward 3% by December.
50% steel and aluminum tariffs in the U.S. drove import prices up from June to July, and businesses and consumers are bearing the extra cost.
New US tariffs on steel and aluminum imports hit consumers’ wallets as levies double to 50% on 407 products, driving up prices on gadgets, cars and more.