US EditionTariff Changes In IL Ahead Of Holiday Shopping: What To Know
Tariffs on over 200 grocery items were reduced to ease consumer costs, but supply chain delays mean Illinois shoppers may not see immediate price drops, experts say.
3 Articles
3 Articles
The world pays more for global trade than it did a year ago. Exchanges are more expensive. US President Donald Trump’s trade policy has turned around the trade relations that countries built for decades based on layers of diplomacy. The so-called “reciprocal” tariffs imposed by Trump on the famous April 2 of this year are in full swing. The rudimentary poster that showed the world the day baptized by the president as “liberation day” has become …
Assessing the Impact of the ‘Liberation Day’ Tariffs
It's been over six months since the so-called 'Liberation Day' tariffs -- a 10% baseline tariff on all US imports, and additional country-specific tariffs determined by their trade surplus with the US -- came into effect. The Trump administration argued these tariffs would result in a stronger economy, and a revival of American manufacturing. Have they? Chad Bown joins EconoFact Chats to discuss the rollout and consequences of the sweeping tarif…
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