
US Tariffs Could Push 875K Americans into Poverty
Yale study finds US tariff hikes could drive up to 875,000 more Americans into poverty by 2025, highlighting the real cost of trade policy.
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Yale study finds US tariff hikes could drive up to 875,000 more Americans into poverty by 2025, highlighting the real cost of trade policy.
US tariffs on imports, especially from the Chinese mainland, are driving up everyday costs in America, from groceries to gadgets.
OECD expert John Drummond says multilateral cooperation and a rules-based system are the best tools to tackle unfair trading practices.
Mexico plans to raise tariffs on nearly 1,500 Asian imports in its 2026 budget, spurring strong pushback from the Chinese mainland.
Starting Sept 10, the Chinese mainland will impose temporary anti-dumping measures on EU pork imports, with deposit rates from 15.6% to 62.4%. Stay updated on this trade move!
Trump’s 50% import tariff on India kicks in as punishment for New Delhi’s Russian oil buys, deepening trade tensions.
U.S. President Trump’s executive order ends the $800 de minimis exemption on Aug 29, so all packages to the U.S. face duties. Small businesses warn of higher costs.
Economists say Trump’s tariff hikes may slow the growth of the $37T U.S. debt but won’t make a meaningful dent in the national debt, despite claims of a public “dividend.”
Economist Justin Wolfers warns that Trump’s chaotic tariffs spike costs without reviving manufacturing jobs.
Yale Budget Lab warns that US tariffs divert resources to less productive sectors, raising prices, weakening demand, and stunting growth for a persistently smaller economy.