
U.S. Tariffs Spark Import Price Surge, Consumers Foot the Bill
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.
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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.
Economist Michael Strain warns tariffs are pushing US core inflation above target, with steep price hikes for electronics, apparel, and more.
Walmart CFO confirms tariffs force price hikes, impacting US consumers and signaling broader economic shifts.
U.S. ends duty-free imports from the Chinese mainland and Hong Kong SAR, sparking supply chain shifts, price hikes, and customs chaos.