UK Expert: Tariffs Raise Prices & Hurt US Economy
Professor Sir Anton Muscatelli argues that tariffs have driven up prices for US consumers and squeezed producer margins, questioning their benefits.
USeconomy
Read More
U.S. Consumer Sentiment Slumps Amid Tariff Chaos
The University of Michigan survey reveals a 10.5% drop in U.S. consumer sentiment amid tariff chaos and rising economic uncertainty.
US Tariffs Today: Lessons Unlearned from the Great Depression?
Exploring how current US tariffs mirror the Smoot-Hawley Act, risking economic fallout and stifling global trade.
Trump’s Tariff Tactics: Are They Making America Stronger or Declining?
President Trump’s aggressive tariffs and executive actions aim to boost the US economy, but may lead to higher costs for consumers and retaliatory measures from other nations.
US Inflation Slows in January but Remains Above Fed’s Target
US inflation slightly eased in January with the PCE Price Index at 2.5%, but remains above the Fed’s 2% target. Consumers expect 3.5% inflation in the next decade.
New Study Shows US Tariffs on China May Harm Economy More Than Expected
A Federal Reserve Bank of New York study warns that recent US tariffs on Chinese imports could negatively impact the economy more than official data suggests.
Trump’s Tariffs to Drive U.S. Car Prices Up by Thousands
President Trump’s new tariff policies could raise U.S. car prices by thousands, significantly impacting consumers and the automotive industry.
Trump’s 25% Tariffs: Uncertain Future for U.S. Businesses and Consumers
President Trump’s 25% tariffs on steel and aluminum imports may not boost U.S. production but could create uncertainty for businesses and strain everyday consumers, especially low- and middle-income households.
U.S. Bird Flu Sparks Unprecedented Surge in Egg Prices
The U.S. bird flu outbreak is driving egg prices to unprecedented heights, leading to ‘eggflation’ and increasing the burden on consumers facing rising food costs.
Australian Expert: US Tariffs Insufficient to Revive Manufacturing
An Australian academic argues that US tariffs alone cannot revive a manufacturing sector that has been declining for over five decades.