US EditionHere’s what could soon cost you a lot more because of Trump’s massive tariffs
- President Trump announced new tariffs on Wednesday, impacting numerous countries and various imported goods.
- The tariffs aim to address trade deficits and rebuild American manufacturing, but economists warned of higher prices.
- The tariffs include a baseline 10% tariff on all imports and higher rates for roughly 60 'worst offender' countries.
- Former IMF chief economist Ken Rogoff said, "He just dropped a nuclear bomb on the global trading system."
- These tariffs may lead to increased consumer prices on goods, potentially triggering retaliatory measures and global trade wars.
208 Articles
208 Articles
Tariffs hit hard in immigrant communities across tri-state area
JACKSON HEIGHTS, Queens (PIX11) -- A common comparison in analyses of financial markets is between Wall Street and Main Street. In the Jackson Heights neighborhood in Queens, which is made up mostly of immigrants from India, Bangladesh, Nepal, and other South Asian countries, the main street is 37th Avenue. In shops, boutiques and grocery stores there, the effect of President Donald Trump's tariffs -- or the expectation of them -- is palpable. …
5 healthy superfoods that will see prices rise due to Trump tariffs
Consumers are likely to bear the brunt of President Donald Trump’s new tariffs, say economic experts—and healthy eaters who love stocking up on antioxidants and healthy fats at the grocery store may be among those to feel the effects hard. While it’s impossible to know how much the import tariffs will affect prices, experts say that there are plenty of clues. Below are some superfoods likely to soon cost much more than usual—and they weren’t exa…
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