Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
Brewers are worried about the added costs after President Trump signed a 25% tariff on steel and aluminum imports.
A gauge of global stocks was slightly lower while U.S. Treasury yields advanced on Tuesday as investors braced for ...
The European Union says it is ready to respond to U.S. tariffs with European Commission President Ursula von der Leyen ...
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