Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
The comments came after the US president ordered a 25% import tax on all steel and aluminium entering the US, ending previous ...
Ford CEO Jim Farley did not mince words with Wall Street on Tuesday, describing the impact from a lasting 25% tariff as being ...
A 25% tariff on Mexico and Canada would 'blow a hole in the US auto industry,' Jim Farley says, while giving South Korean, ...
Trump also says he is using tariffs to "combat the scourge of fentanyl", a powerful drug that causes tens of thousands of ...
Prices of industrial metals in the U.S. extended gains on Tuesday, reflecting the impact of U.S. President Donald Trump's 25% ...
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...
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