Steel and Aluminum Tariffs May Raise US Manufacturing Costs

Steel and Aluminum Tariffs May Raise US Manufacturing Costs

America has seen this movie before: President Trump, who imposed stiff tariffs on Monday on imported steel and aluminum, did so once before, in 2018. So domestic industries have a pretty good idea of how the story ends. Manufacturers of trucks, appliances and construction equipment scramble to find U.S. sources …

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Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis

Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis

To President Trump, one economic number represents everything that is wrong with the global economy: America’s trade deficit. That deficit is the total value of what the United States imports from other nations, minus its exports to other countries. The fact that America runs a trade deficit reflects how the …

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Trump’s Trade Move Could Increase Costs for Many Online Goods

Trump’s Trade Move Could Increase Costs for Many Online Goods

President Trump’s decision to impose hefty tariffs on Canada, Mexico and China included a little-noticed but significant change to how online purchases will be taxed when they enter the United States. One provision of Mr. Trump’s executive order will increase costs for more than 80 percent of U.S. e-commerce imports. …

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Who Pays for Tariffs? Here’s What You Need to Know.

Who Pays for Tariffs? Here’s What You Need to Know.

President Trump is moving forward with extensive tariffs on America’s closest trading partners. Beginning Tuesday, companies bringing products into the United States from Canada and Mexico will pay a 25 percent tariff; importers bringing products in from China will pay an additional 10 percent on top of existing levies. The …

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High Inflation and New Tariffs Will Make the Fed’s Job Tougher

High Inflation and New Tariffs Will Make the Fed’s Job Tougher

High inflation is stoking fresh debate about how the Federal Reserve should respond to President Trump’s sweeping plans to reorder the world economy through tariffs, leading to questions about whether old playbooks still apply. On Saturday, Mr. Trump is poised to impose 25 percent tariffs on imports from Mexico and …

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Egg Prices Are High. They Will Likely Go Higher.

Egg Prices Are High. They Will Likely Go Higher.

On a trip to a Walmart in Ozark, Mo., in early January, Laura Modrell was surprised to see shoppers “standing around and gasping” in the grocery’s dairy section. As she got closer, she saw that the shelves, where there would normally be stacks of egg cartons, were nearly empty. “All …

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