News

Tariffs hit U.S. companies hard, but businesses absorb them for now
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
Americans are mostly paying for tariffs — and price rises may be on the way, says Deutsche Bank
People overseas have so far paid very little for tariffs, with Americans bearing the brunt of the cost, per Deutsche Bank.
Tariffs could cost consumers more than $200 per month: Yale report
A recently released analysis from The Budget Lab at Yale estimates you could pay a lot more money yearly if new tariffs take ...
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Tariff costs are starting to bite US automakers and their customers
General Motors reported a more than $1 billion drop in its second quarter profits compared to a year ago. The company says ...
American Steel Just Got More Expensive. Buyers Blame Tariffs.
Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports.
How Much Will 4 Years of Tariffs Cost the Middle Class?
The middle-class price tag for tariffs ranges from $3,800 to nearly $5,000 per household per year. Over four years, that ...
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For businesses, haggling over who will bear the cost of tariffs can get messy
Businesses are having to figure out whether to absorb the cost of import taxes, pass them along, or a mixture of both ...
Texas Instruments slumps as tariff uncertainty weighs on demand
Texas Instruments' quarterly profit forecast failed to impress investors as it pointed to weaker-than-expected demand for its ...
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Tariffs could drive up building costs
President Donald Trump’s tariffs could have an unintended side effect making homeownership even less affordable for many ...
General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...