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First signs of tariffs’ impact on inflation could appear in Wednesday’s consumer prices report
The government’s inflation report, to be released Wednesday, is forecast to show that consumer prices rose 2.5 percent in May compared with a year ago, according to economists surveyed by data provider FactSet.
Trump Doubles Tariffs on Steel and Aluminum Imports, Raising Fears for Higher Construction Costs—as Homebuilders Share Bleak Outlook
Tariffs imposed by the Trump administration on imported steel and aluminum increased from 25% to 50%, intensifying uncertainty among homebuilders.
How Steel Tariffs Will Hit the Canned Foods Aisle
The Trump administration’s new 50% duty on imported steel could increase store prices for items in steel cans by 9% to 15%, according to the Consumer Brands Association,
New Tariffs Shake Up Steel and Aluminum Markets, Local Industry Responds
ABC News suspended its senior national correspondent, Terry Moran, after he called White House deputy chief of staff Stephen Miller a “world-class hater” in a since-deleted post on X. “ABC News stands for objectivity and impartiality in its news coverage and does not condone subjective personal attacks on others,” an ABC News spokesperson said in …
‘It’s a net positive for us.’ For some US manufacturers, Trump tariffs pay off
According to nearly every academic expert, Donald Trump’s tariffs are bad news for the US and the world economy. But there are some exceptions.
The Canned-Food Aisle Is Getting Squeezed by Rising Steel Tariffs
The steel used in cans is mostly imported—and subject to the Trump administration’s new 50% levy.
CNET1d
Trump Tariffs Likely to Raise Prices on Refrigerators, Washers and More. How to Save on Appliance Purchases This Year
With home appliance price hikes on the horizon, here's how experts suggest you plan ahead to save money on a big purchase.
EconoTimes2d
U.S. Steel Tariffs Stir Global Trade Worries, But Iron Ore Prices Hold Firm
The U.S. decision to double Section 232 tariffs on steel imports to 50% is raising concerns about global trade and supply chain disruptions, though its immediate impact on iron ore markets appears limited.
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