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%.
U.S. President Donald Trump's planned 25% tariffs on all steel and aluminum imports would be added onto other levies on ...
Which nation ultimately bears the cost of a tariff depends on what that country makes and its pull in the global market.
President Donald Trump has said he will announce a 25% import tax on all steel and aluminium entering the US, a move that ...
Japan industry minister Yoji Muto said on Wednesday the nation has requested that the United States exempt Japan from steel ...
The inflation impact of the tariffs depends on how Trump approaches the measures, but it could be as much as a 0.5 percentage ...
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