tariffs

BUSINESS

Tariffs are 10x higher than before Trump. Companies will have to absorb the pain because consumers are ‘tapped out,’ investment manager says

The impact of tariffs will depend on who bears their cost, says Jeff Klingelhofer, managing director at Aristotle Pacific—but it…

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Inflation is holding steady as tariffs have yet to fully hit : NPR

Gasoline prices fell as the summer driving season got underway. But other energy costs are expected to be higher. Joe…

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BUSINESS

Vanishing immigration is the ‘real story’ for the economy and a bigger supply shock than tariffs, analysts says

Protests over ICE raids in the Los Angeles area this weekend highlight the crackdown on undocumented workers at businesses and…

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Lawmaker raises concerns about Trump tariffs : NPR

U.S. Sen. Tim Kaine (D-VA) (L) speaks alongside Senate Minority Leader Charles Schumer (D-NY) at a press conference at the…

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BUSINESS

NY Federal Reserve finds a ‘significant share’ of companies saying they raised prices on goods not affected by tariffs

As businesses pass down the cost of tariffs to consumers in the form of raised prices, the New York Federal…

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Tariffs could cut deficit by $2.8 trillion over next decade : NPR

Revenue raised by President Trump’s tariffs could reduce federal deficits by $2.8 trillion over the next decade, according to a…

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Steel tariffs double; Public broadcasting funds : NPR

Good morning. You’re reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast…

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Steel and aluminum tariffs double today, likely pushing prices higher : NPR

President Trump announced plans to double the tariff on imported steel while visiting a US Steel plant in West Mifflin,…

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WORLD

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

Mexico says tariffs make ‘no sense’ as Canada seeks negotiations to remove the levies ongoing. In a move that has…

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BUSINESS

Markets shrug off doubled U.S. steel tariffs and Trump complaints of Xi being ‘hard to make a deal with’

Stock markets rose on Wednesday, despite an early morning social media complaint from U.S. President Donald Trump that Chinese President…

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