US consumer sentiment drops, price expectations soar on tariffs
US consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the economic impact from tariffs. The preliminary March sentiment index dropped to 57.
Trump tariffs will mean higher prices for U.S. consumers, major retailers say
Retailers including Best Buy and Target are warning that Trump administration tariffs will force them to hike their prices.
US consumer sentiment plunges on tariff fears, inflation expectations jump
U.S. consumer sentiment plunged to a nearly 2-1/2-year low in March and inflation expectations soared amid worries that President Donald Trump's sweeping tariffs, which have ignited a trade war, would boost prices and undercut the economy.
Gold reaches new high amid Trump’s tariff fears and weak inflation report
Gold soared to a record $2,990.21 an ounce on Friday, surpassing highs set earlier in the week, as President Donald Trump’s tariff threats and weak inflation data drove investors toward safe investments.
Gold Price Breaks Past 3,000 As Trump’s Tariff Mayhem Continues
After hitting an all-time high yesterday, the gold price (PM:XAUUSD) has now broken above 3,000. Markets continue to be driven downwards by President Trump’s tariffs – not just the tariffs themselves,
US tariff tantrum threatens pricing progress
Reading the latest U.S. inflation report is like flicking through old vacation photos: it looks nice, but the experience was ...
Steel and aluminum tariffs could cause broad price hikes across industries, experts say
Here are some of the products that are likely to cost more under President Trump's 25% tariffs on all steel and aluminum ...
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4 Drinks That Tariffs May Cause To Skyrocket In Price
President Trump has enacted a slew of tariffs that affect consumer goods. When it comes to beverages, these may skyrocket in ...
Trump is using tariffs to start a trade war with US allies. Here's what they actually do
Most economists agree that tariffs are self-defeating because countries often retaliate with their own tariffs.
Gold price hits record high above $3K as investors spooked by tariff fears seek safe haven
Gold struck a record-high price on Friday as spooked investors rushed to a safe haven over fears that President Trump’s ...
North Country Tourism Could Pay The Price For Tariffs
Local officials are concerned that tourism may take a hit due to the recent tariffs between US and Canada. It was a surprise ...
Threatened 200% tariff on European alcohol makes liquor industry adjust
President Donald Trump has threatened a 200% tariff on European wine and spirits. This was in response to the EU's announcement to impose 50% tariffs on American whiskey, putting pressure on wine ...
From food to cars: What Americans could pay more for from Trump’s steel and aluminum tariffs
The typical American consumer is highly unlikely to purchase raw steel or aluminum on their own. That might lead them to believe their wallets are shielded from the 25% tariffs President Donald Trump ...
Trump halts doubling of tariffs on Canadian metals after Ontario suspends electricity price hikes
President Donald Trump’s threat to double his planned tariffs on steel and aluminum from 25% to 50% for Canada has led the ...
‘Those prices will be higher’ | Tariffs on aluminum likely to impact East Tennessee beer industry
While many breweries may not feel impacts now, economists warn that price increases will trickle down the line quickly.
Tariffs Set Off Scramble in the Supermarket Produce Aisle
Suppliers of fruits and vegetables are canceling orders to sidestep President Trump’s trade battle, while grocers look to ...