Trump, Brazil and tariffs
Digest more
1don MSN
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on copper, analysts said.
U.S. President Donald Trump's threat of a 50% tariff on copper imports is raising alarm in the U.S. auto sector, as it could make it even harder for carmakers and suppliers to absorb border taxes and rising costs,
NBC News found tariffs could add $4,000 or more to the cost of a 3-bed home. See how Trump’s plan may affect U.S. housing affordability.
President Trump's move to impose a 50% tariff on U.S. copper imports targets a vital metal that is widely used in many products and industries, which could lead to higher prices for everything from appliances and electronics to cars and home repairs,
There is a strong possibility that inflation will increase in the US due to higher tariffs as the cost of products is expected to increase significantly, says Client Associates’ Rohit Sarin.
Prices of clothing and shoes are expected to be particularly impacted by the tariffs, Yale University’s Budget Lab found.
1don MSN
Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs on most goods that come in to America will deliver a taxing blow to consumers via higher prices.
Stocks have hit new highs despite President Trump’s escalating trade war. Some traders may be calling his bluff, but Jamie Dimon of JPMorgan Chase advises caution.
US President Donald Trump’s plans to place hefty import tariffs on copper have already caused a spike in costs for American factories, with New York futures trading 25% higher than other global benchmarks on Tuesday.
4hon MSN
U.S. President Donald Trump’s tariff letters show that tariffs — to protect domestic industries and to raise revenue for a deeply indebted government — are the way forward. The U.S. is moving toward more managed trade via quotas and other measures.