20 items and goods most exposed to price shocks from Trump tariffs
- President Donald Trump's new tariffs will raise prices on goods like clothing, shoes, leather items, and motor vehicles by 10-20%, according to the Budget Lab at Yale University.
- The average household could lose $3,800 per year in purchasing power due to these tariffs and retaliatory actions by other nations, based on the Yale Budget Lab's analysis.
- Car prices could rise by over 8% due to tariffs, with new vehicle prices potentially increasing significantly as estimated by Bank of America.
- Economists expect the U.S. inflation rate to reach 4.5% later in 2025, attributed to the impacts of tariffs on consumer prices as predicted by Capital Economics.
27 Articles
27 Articles
The Derrick
Lancaster FarmingCan Sen. Adam Schiff protect California farms, workers from Trump tariffs? That’s his plan
Sen. Adam Schiff, one of President Donald Trump’s toughest political opponents, is gearing up for another battle in Washington, D.C. — this time in support of California farmers.
Clothing, beauty products, ice cream, wine and plastic. If the EU's planned countermeasures come into effect, many American products could become more expensive in Swedish stores.
From groceries to homes to cars, what could get more expensive under Trump's tariffs
President Donald Trump imposed sweeping tariffs on dozens of countries this week and that will result in significant price shocks to U.S. consumers, economists and analysts say. Everything from clothes to iPhones to homes to cars could be impacted—not to mention retirement accounts as result of a meltdown in the stock market. (Scroll down to see the list). The Yale Budget Lab estimates that the average U.S. household will pay $3,800 more annuall…
Trump’s tough-love tariffs: Pain now, prosperity later
The latest economic numbers don’t look good. The inflation rate, which had inched down in the last two months, started to rise again. Moreover, stock prices continue their downward trend as the market faces ongoing uncertainty and volatility. And then there are tariffs. The short-term impact of tariffs may be painful. If the 25% tariffs stick, your favorite European cars will be more expensive — as will all Canadian goods and possibly many Mexi…
US President Donald Trump has defended this Saturday the tariff war that has ended this week with the widespread imposition of tariffs, although admitted that there may be a previous cost to the American population before collecting its fruits. Convinced of the effectiveness of its measures, Trump has assured that his administration will achieve the return of "jobs and business as never before seen" in what he defended as an "economic revolution…
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