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'Our economy is likely going to suffer': Trump officially hikes tariffs on aluminum, steel to 50%
President Trump has officially hiked tariffs on aluminum and steel to 50% – despite growing warnings that his aggressive trade tactics could sharply curb U.S. growth and drive inflation higher. Charlotte Howard and Dan Nathan discuss on The 11th Hour.
How tariffs on steel and aluminum could show up on your grocery bill
President Trump campaigned on the promise that he would lower prices, including food prices. But his decision to double tariffs on steel and aluminum to 50% is likely to have the opposite effect, including when it comes to grocery bills.
Retail Insight Network on MSN8h
Steel and aluminium tariffs threaten US grocery pricesTrump’s decision to hike metal tariffs may drive up food prices, with the added costs of packaging and transport passed on to ...
The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies ...
Nonpartisan Congressional Budget Office estimates that Trump's tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
Tariff increases threaten the US economy and health care costs, impacting managed care affordability and member financial ...
US President Donald Trump has declared a sharp increase in tariffs on foreign steel and aluminium, doubling the current 25% ...
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