New US Port Fees on Chinese Vessels Push Up Freight Costs
Two weeks after the US imposed port fees on vessels from the Chinese mainland, freight rates have jumped up to 8%, adding inflationary pressure as the economy cools.
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Chinese Mainland CPI Dips 0.3% in September
The Chinese mainland’s consumer price index dipped 0.3% year-on-year in September, signaling a subtle shift in inflation and its impact on consumers, businesses and global travellers.
U.S. Consumers to Shoulder 55% of Trump-Era Tariffs: Goldman Sachs
Goldman Sachs report finds U.S. consumers will shoulder 55% of Trump-era tariffs this year, raising core inflation toward 3% and reshaping business pricing.
How US Tariffs Are Hitting American Families at the Checkout
US tariffs, particularly from the Trump era, are fuelling higher grocery bills and inflation that squeeze American households’ budgets, spotlighting the real cost of trade policy at the kitchen table.
Global Parents Feel the Squeeze as Back-To-School Prices Soar
Tariffs and inflation are driving up back-to-school costs in the U.S. and beyond, forcing parents worldwide to rethink budgets with creative savings strategies.
Powell Hints at Rate Cuts at Jackson Hole Amid Inflation Risks
At Jackson Hole, Fed Chair Jerome Powell hinted at possible interest rate cuts amid growth concerns and tariff-driven inflation pressures, setting markets on edge.
Tariffs Drive U.S. Core Inflation Higher, Economist Warns
AEI economist Michael Strain says U.S. tariffs are worsening core inflation, with goods prices set to rise further in coming months.
China’s CPI Holds Steady in July, Signaling Stable Inflation
China’s consumer price index (CPI) remained unchanged year on year in July, indicating stable inflation in the Chinese mainland.
Tariff Gains: U.S. Lawmakers Cash In as Costs Rise
Latest inflation data shows tariffs are driving up costs even as some U.S. lawmakers profit from stock gains—fueling a rare bipartisan push to curb the duties.
PIIE Expert Calls US Tariffs “Ridiculous,” Predicts Consumer Price Jolt
Gary Hufbauer of PIIE slams US tariffs as “completely ridiculous,” forecasting tariff-driven inflation to show in the CPI by October or November, tightening budgets for everyday Americans.