Lawmakers express concern about tariffs

Lawmakers express concern about tariffs

WASHINGTON (NEXSTAR) - Lawmakers from both parties are voicing concerns over President Donald Trump’s recent tariffs on major U.S. trading partners, warning that the increased costs could hurt American farmers and raise prices on everyday goods. The tariffs include a 25% increase on certain imports from Mexico and Canada, as well as an additional 10% hike on goods from China. Lawmakers and industry experts say the impact will be felt across the …

Consumer worries about tariff impacts jump in February survey

Chicago – The percentage of U.S. consumers who are aware of new or proposed tariffs spiked to 83% last month from 53% in December, according to the latest Numerator data. The consumer insights company’s latest report, Tricks of the Trade: Consumers React to U.S. Tariffs, found that 64% are worried about tariffs raising the price of everyday goods, 44% are worried about limited availability of certain products, and 25% are worried about a potenti…

Lawmakers from rural regions worry about tariffs' impacts

The 25% tariffs on imported goods from China, Canada and Mexico went into effect Tuesday.