Trump tariffs would shrink the federal deficit, but also the economy, CBO says
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years ...
Tag: tariffs
If Trump adds tariffs, ‘either way, there is a cost to consumers,’ economist says
Peter Kramer/NBC via Getty ImagesU.S. consumers would likely see prices increase if President-elect Donald Trump follows through with a plan ...
Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, ...
Citadel’s Ken Griffin says Trump’s tariffs could lead to crony capitalism
Ken Griffin, chief executive officer and founder of Citadel Advisors LLC, speaks during an Economic Club of New York event ...
Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at ...
Trump win and threat of more tariffs raises expectations for more China stimulus
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, ...
Xpeng president says Chinese EV firm remains committed to Europe despite pressure from tariffs
Chinese electric vehicle maker Xpeng remains committed to Europe for the long term despite pressure it faces from the European ...
European Union slashes planned tariffs on China-made Tesla EVs, other Chinese firms
Cars are parked at a Tesla dealership. The car manufacturer Tesla presents its business figures for the past quarter after ...
Inflation will go up regardless of who the next president is, but under Trump’s tariffs it would be higher for longer, Oxford Economics says
Stubbornly high inflation has been showing signs of abating in recent months, but one prominent research firm is betting it’s ...
China-built EVs hit with EU tariffs; Nio says it may have to raise prices in Europe
The European Union on Thursday confirmed its decision to hike tariffs on electric vehicles imported from China — with one ...
