US EditionAnalysis: Announced Tariffs Will Cost Average American Household $2,400 in 2025
6 Articles
6 Articles
Trump’s Tariffs Will Cost Households $2,400 This Year
The Yale Budget Lab says the new tariff rates President Trump announced late Thursday are the highest in nearly a century and will cost the average family about $2,400 this year, Axios reports. After blending the various rates assigned to different countries, the average tariff now stands at 18.3%, the highest since 1934.
US Household Bills To Increase By $2,400 Annually Due To Trump Tariffs: Report
The new tariffs imposed by the US are expected to significantly impact American households, with average bills likely to rise by around USD 2,400 in the short term due to inflation driven by these tariffs, according to a research report by SBI.
Tariff war: Economic impact on US will be worse compared to India, says SBI Research
New Delhi: With US President Donald announcing 25 per cent tariff on the goods imported from India with effect from August 1, 2205, Friday, SBI Research has released a report mentioning that the economic implications for the current trade stalemate between the two countries will hit the US more as compared to India with a lower GDP and higher inflation and a weaker $. The report also mentioned that the efforts of BRICS members to strengthen mult…
Reinvigorate ‘Made in India’ as hallmark of unquestionable quality amid US tariffs: SBI report
New Delhi, Aug 1 (SocialNews.XYZ) The imposition of 25 per cent tariff on India with penalty is a "bad business decision" but the mysterious forces of global supply chain will auto adjust and cushion the impact, and Indian businesses and firms would do well to reinvigorate the 'Made in India' as a hallmark of unquestionable quality, an SBI Research report said on Friday. Not surprisingly, the US GDP, inflation and currency face a greater risk of…
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
