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A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.
While the direct effect of higher tariffs on inflation remained relatively moderate last month, there are signs that ...
Prices of clothing and shoes are expected to be particularly impacted by the tariffs, Yale University’s Budget Lab found.
Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product categories made up primarily of imports. But, they added, overall price ...
T ariffs could cost the average American household $3,800 in 2025, according to The Budget Lab at Yale University.This estimate comes even as President Trump announced a 90-day pause on tariffs ...
Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs ...
Inflation accelerated in June as President Trump’s tariffs started to leave a bigger imprint on the economy, keeping the ...
Tariffs in June 2025 significantly raised consumer prices, especially in categories like automobiles, apparel, electronics, ...
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on ...
EU foreign ministers are meeting in Brussels after Donald Trump threatened the bloc with 30% tariffs. Richard Baldwin, a ...
Tariffs on Canadian imports, meanwhile, will cost the average U.S. household $309 per year. Here are some of the products from the two countries that could be impacted. Fresh produce ...
The Trump administration on Wednesday officially raised tariffs on aluminum and steel to 50%, a move experts say could increase costs on everything from homes and cars to household items and ...