American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before he takes office.
Trump's proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
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.
Mexico and Canada push back against Trump’s tariff threats
Mexico is the top U.S. trading partner, and Canada is not far behind. Mexico’s president has vowed to retaliate with her own tariffs on American goods.
Mexico's president says Trump tariffs will worsen inflation
President of Mexico Claudia Sheinbaum says Trump's threat of 25% tariffs would cause inflation for both countries.
Mexico warns Trump tariffs would kill 400,000 US jobs, threatens retaliation
By Sarah Morland, Raul Cortes and Brendan O'BoyleMEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff,
Trump tariffs on Canada imports could lead to sharply higher gas prices, experts warn
Donald Trump's proposed tariffs on Canada could increase U.S. gas prices by up to 70 cents a gallon, energy experts say.
Michigan members of Congress react to Trump's threat of tariffs on Canada, Mexico
The president-elect says he would impose tariffs on all imports from Canada and Mexico, which could hurt the auto industry.
Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.
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