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.
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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.
Wall Street Dips as Tariff Fears Impact Markets
U.S. stock markets dip on Monday as Trump administration’s tariff plans create uncertainty, affecting key sectors and prompting pauses on Canadian and Mexican tariffs.
Wealth Inequality in the US: Half of Households Hold Just 2.4% of Total Wealth
Half of U.S. households hold only 2.4% of the nation’s total wealth, highlighting significant wealth inequality. Median household net worth stands at $192,000, compared to an average of $1.2 million.
U.S. Economy Surpasses Growth Expectations in 2024, Recession Risks Persist
Despite strong economic growth in 2024, experts warn that inflation and tariffs could pose recession risks in 2025.
Trump’s 60% Tariffs on China: US Economy Faces Severe Setbacks
Trump’s proposed 60% tariffs on Chinese imports could severely impact the US economy, especially in agriculture and fisheries, warns a Peterson Institute study.
Thanksgiving Struggles: Many Americans Battle Rising Grocery Costs
This Thanksgiving, many Americans face higher grocery costs. Communities in Miami unite to ensure everyone can enjoy the holiday meal despite economic challenges.
US GDP Growth Signals Strong Economy Ahead of Election
Newly released US GDP numbers suggest a robust economy ahead of the presidential election, raising questions about who benefits the most from the growth.