Sen. Mark Kelly says Trump's tariffs will raise prices, urges pre-buying medicine
- President Trump's "reciprocal" tariffs on numerous countries took effect on Wednesday, April 2nd, from the White House Rose Garden.
- Trump believes U.S. Trading relationships are unfair, citing trade deficits as evidence, and aims to protect domestic manufacturing.
- These new duties add to the 10% tariff already placed on all global imports, potentially raising costs for American consumers.
- Arizona Sen. Mark Kelly stated, "It's a big tax increase for American families," and urged people to purchase medications now.
- Kelly fears Trump's trade policy could raise prices and impact jobs, further warning about the potential for a recession.
15 Articles
15 Articles
'Devastating': Trump's tariffs cause pain for small businesses, farmers, says Sen. Klobuchar
Sen. Amy Klobuchar, D-Minn., joins Morning Joe to discuss Trump's tariff reversal, how some conservative commentators are reacting to Trump's tariffs, a Senate bill that would terminate new tariffs on Canada
Prices expected to rise for Hoosiers despite lower tariffs
Trump reduces sweeping tariffs on imports INDIANAPOLIS (WISH) — Despite President Donald Trump reducing the size of his sweeping tariffs, prices for U.S. consumers are still expected to rise. Before Trump revised tariffs Wednesday, the Yale budget lab projected his steeper “reciprocal” tariffs to raise the price of apparel 33%, and food 4.5% (roughly triple recent grocery inflation, according to the budget lab). Those projections should come d…
McDonald's, Wendy's, & 5 other chains may raise prices on your favorites
FAST food lovers could be facing even higher prices at their favorite chains in the coming months. With President Trump’s “Liberation Day” tariffs now in effect, popular chains are looking at price hikes that could hit your wallet hard. GettyPresident Trump’s new tariffs, which kicked in on April 2, target several countries that supply key ingredients to US restaurants (stock image)[/caption] GettyFrom beef to palm oil and coffee, fast food gian…
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