US EditionPrices Are Now Starting to Rise because of Tariffs. Economists Say This Is Just the Beginning | News Channel 3-12
UNITED STATES, JUL 10 – Economists warn tariffs are raising wholesale costs with an expected 70% of these increases passed to US consumers, signaling rising inflation risks ahead.
- President Donald Trump announced sweeping tariffs on April 2, 2025, targeting Chinese imports and other goods in the United States.
- These tariffs followed prior tariffs enacted in February and March and were partly paused in early May to support negotiations, with an August 1 deadline set for new tariff decisions.
- Businesses report tariff uncertainty has delayed expansions and hiring, forced some to seek alternative suppliers, and caused inventory adjustments while prices for tariff-sensitive goods have begun rising.
- Economists note that 70% of tariff costs will likely be passed to consumers, with price increases recorded in appliances , toys , and home furniture showing accelerated rises over recent months.
- The tariffs have increased recession risks seen by 84% of surveyed businesses, and experts expect inflation to accelerate further as tariffs continue affecting supply chains and prices.
23 Articles
23 Articles
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thedailyeconomy.orgAre Tariffs Really Inflationary?
The Trump administration’s Liberation Day tariffs were set to fully kick in on July 9, but the new duties on imported goods have been given another pause until August 1. While uncertainty looms large over trade policy, so too do a pair of fundamental economic questions: Are tariffs inflationary? And should the Fed do anything about it? Following the Federal Open Market Committee’s decision last month to keep holding interest rates steady, some …
Inflationary impacts of Trump tariffs haven’t shown up yet, but they will: economist
Critics of U.S. President Donald Trump’s tariff scheme claim that it will be inflationary for American businesses and consumers, and one expert says that while there hasn’t yet been an inflation spike attributable to tariffs, there likely will be one at some point.
Consumers start to feel impact of Trump’s tariffs as businesses wrestle with prices: ‘A horrible decision by our government’ - The Boston Globe
Consumers are starting to face the impact of President Trump's tariffs as business owners wrestle with how much to raise prices or hold off on inventory.
Local 3 News
Economists, researchers, and analysts have warned that President Donald Trump's trade policy of imposing steep tariffs on most goods entering the United States will be a severe blow to consumers through higher prices.
Prices are now starting to rise because of tariffs. Economists say this is just the beginning
Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs on most goods that come in to America will deliver a taxing blow to consumers via higher prices.
Coverage Details
Bias Distribution
- 64% of the sources are Center
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