“Every dollar of tariff revenue represents a dollar extracted from American businesses and households.” President Donald Trump has long insisted, in the face of decades of research by economists, that foreign producers are the only ones who are paying for his tariffs on imported goods. However, a major new study released Monday by the Kiel […]
“Donald Trump’s trade war is taxing families, killing markets for our farm goods, and driving farmers into bankruptcy,” said Democratic Sen. Ron Wyden. Democratic US Sen. Ron Wyden was among those who emphasized Monday that President Donald Trump’s erratic tariff policies have helped create the very conditions the White House is now citing to justify its new $12 billion […]
“Tariffs have increased the cost of doing business, and we find ourselves working harder for even less,” said a boutique owner. “I just placed a $700 jewelry order and was hit with a $100 tariff bill.” Tariffs Cost US on Monday announced a holiday campaign highlighting how President Donald Trump’s sweeping tariffs are driving up […]
Prices for staples like turkey, cranberry sauce, and mac and cheese have gone through the roof as Trump’s tariffs contribute to a spike in grocery prices. As President Donald Trump attempts to claim the mantle of “affordability” and boasts that grocery prices are “way down,” a new report tracking the price of several Thanksgiving staples showed they have […]