President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would drive inflation up by nearly 1%, Goldman Sachs estimates.
Economists worry that Trump's tariff plan will raise the prices of a range of imported goods, from cars to electronics.
The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs ...
These picks reflect a recognition that his reputation will likely hinge on restoring the public’s confidence in the economy.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before ...
Groceries are still taking a big bite out of Americans' wallets, and consumers are tired of the price gouging. While online grocery prices decreased 0.1% in October, according to new data from ...
Economists at TD Bank say the Bank of Canada is unlikely to stop its rate cutting cycle amid escalating trade risks that ...