Donald Trump has long threatened growing prices on the goods of Mexico, Canada and China. The second president maintains that higher levies will help reduce illegal and smuggling fentanyl migration in the United States. Saturday, the president confirmed that he would submit Mexican and Canadian goods At the full rate of 25% – and Chinese … Read more
Donald Trump said that he would place 25% of prices on imports from Canada and Mexico and 10% tariffs on goods from China from today. This decision raises fears of price increases for American consumers, as the American president suggested that he would try to blunt the impact on oil imports. He threatened the prices … Read more
President-elect Donald Trump has promised to impose across-the-board tariffs on goods imported from some allies and adversaries, saying foreign countries would pay those taxes to the U.S. Treasury. But it is American consumers who would open their wallets to pay the customs duties. Correspondent David Pogue speaks with Dartmouth economics professor Doug Irwin about the … Read more