The end of the de minimis exemption, a provision allowing duty-free imports under $800, is reshaping global trade. Businesses brace for increased tariffs and consumers may face higher prices on everyday goods.
President Trump has initiated an investigation into imported furniture, potentially leading to new tariffs that could impact major brands like Wayfair and RH. This move aims to revitalize the U.S. furniture industry amid falling demand and inflationary pressures.
In a fiery social media post, Trump takes aim at Goldman Sachs and its CEO David Solomon over their predictions on tariffs. With over 333 companies reacting to tariffs, the economic fallout is significant. Will Trump's strategies hold up?
US prices rose by 2.7% in July as tariffs imposed by Donald Trump begin to ripple through the economy, impacting everything from food costs to job figures. Discover how these changes are affecting consumers and the labor market.
Explore how recent tariffs are subtly influencing U.S. inflation rates. With businesses set to pass costs onto consumers and economists predicting rising prices, find out what this means for you.
New research reveals that President Trump's tariffs are about to significantly increase consumer prices. With companies facing rising costs, the burden will shift to shoppers, potentially reaching 67% of tariff costs. Find out how this affects your wallet!
The new tariffs imposed by President Trump are set to raise prices on everyday goods. Discover how these changes will affect your wallet, the job market, and the overall economy.
Japan's ruling coalition is projected to lose its majority in the upper house, raising concerns over Prime Minister Ishiba's leadership amid looming tariff deadlines with the U.S. Voter discontent over inflation issues may lead to significant political shifts.
June inflation surged as Trump's tariffs impact consumer prices. With rising costs for goods like furniture and audio equipment, the Fed may face pressure to adjust interest rates amidst growing economic uncertainty.
U.S. consumer prices are projected to rise in June, signaling a potential inflation increase due to new tariffs. This could impact Federal Reserve interest rate decisions. Find out what economists are predicting!
