High energy bills and green agenda policies have led to a major British steel producer halting production in Wales and England, laying off around 440 steelworkers.
“I think [Vladimir Putin] is the cover story,” said veteran entrepreneur Colin Wayne of inflation, adding, “We’re doing this to ourselves.”
Biden spoke about the tariffs during a press conference on Sunday, after a reporter challenged the president’s repeated assertion that “America is back.”
A draft of a joint statement for the upcoming U.S.-E.U. summit commits both sides to resolving the aircraft fight and the U.S. to dropping metals tariffs.
Jane Timken, the former chairwoman of the Ohio Republican Party, is running for the U.S. Senate claiming to be an acolyte of former President Donald Trump’s America First vision, but the actions of a company bearing her family name that outsourced American jobs to China over the past several decades raise questions about whether she truly believes in it.
British businesses are locked out of the government’s £4.6 billion emergency coronavirus grant scheme because it has signed up to the European Commission’s “state-aid temporary framework”, according to reports.
The latest Producer Price Index data debunks the idea that tariffs have squeezed American consumers.
The holiday season and surging consumer sentiment is not pushing up prices. Prices received by U.S. businesses were unchanged in November, indicating extremely low inflationary pressure in the economy despite very low unemployment, recent tariff hikes, and rising wages, according
Trump said that Argentina and Brazil had devalued their currencies and hurt U.S. farmers. He also called on the Fed to cut rates.
Prices of light trucks, appliances, and computers all fell in September, once again demonstrating the tariffs aren’t taxing consumers.
The biggest surprise: prices of materials for consumer goods are falling and business margins are improving.
Manufacturing job openings jumped to 522,000 from 515,000 in the prior month, the Department of Labor said Tuesday.
Prices of goods, less food and fuel, unexpectedly fell in July, once again demonstrating tariffs are hurting U.S. consumers.|
When talking about trade deals, Elizabeth Warren can sound a lot like Donald Trump. But when quizzed on specifics, she fades away.
Prices for goods in the U.S. dropped 0.4 percent in June even as tariffs on $200 billion of Chinese imports rose.
Tariffs have not pushed up consumer prices. The consumer price index ticked up just 0.1 percent in June, the Department of Labor said Thursday. Compared with a year ago, prices rose just 1.6 percent, a deceleration of price gains from
The data defy the dire predictions of experts who forecast consumers would foot the bill for tariffs.
Canada and the U.S. issued a joint statement promising to bring down metals tariffs and retaliation within 48 hours.
President Donald Trump defended his new tariffs on Chinese products in the ongoing trade battle on Tuesday, promising that a deal was on the horizon.
Beer, soup, televisions, phones, meats, sports equipment, and school supplies are all cheaper than they were before tariffs.
Prices of cars, trucks, and soup are up by less than 1 percent compard with a year ago. TV prices have fallen by 19.3 percent
It’s time to finally put to rest the idea that the steel and aluminum tariffs would hurt American workers and raise unemployment.
When Trump announced tariffs on steel and aluminum last year, economists predicted an auto-paclypse would send prices soaring higher.
Who pays for tariffs? A year after Trump announced tariffs on steel and aluminum, there’s no sign of tariff induced-inflation.
The latest price data deals a sharp blow to the fearmongers who said consumers would pay for Trump’s tariffs.
Consumer prices once again demonstrate that American households are not being squeezed by tariffs on metals and China imports
Job openings in metals-using sectors are up sharply compared to a year ago, dispelling the myth that steel and aluminum tariffs hurt U.S. workers.
December price data defy predictions that tariffs would push price levels higher.
Consumer prices on many items subject to tariffs actually fell in December, defying predictions that the trade war would weigh on American consumers.
CNN White House correspondent Jim Acosta appeared to inadvertently make the case on Thursday for a steel version of President Donald Trump’s border wall.
So much for the blarney about tariffs hurting U.S. manufacturers.
They keep saying tariffs are taxes on American consumers and forcing prices higher. And every month inflation data shows that is not true.
President Trump is celebrating plans for a new American steel mill that is set to create hundreds of high-paying U.S. jobs in the southwest.
They told us that the metals-using American businesses would get wrecked by steel tariffs. Instead, they are thriving.
They said tariffs would destroy jobs. That hasn’t happened.
Steel and aluminum using businesses keep adding jobs, defying predictions that tariffs would result in job losses.
The Trump administration’s new trade pact with Mexico and Canada is much better than previous trade agreements in the area of workers rights, the United Steelworkers union leader said in a statement Monday.
About half of U.S. business owners say President Trump’s tariffs on Chinese goods, as well as imported steel and aluminum, are good for business, calling them “positive” for the economy.
Critics said tariffs would be a tax on U.S. consumers. The recent data on producer prices, however, show higher costs are not getting passed on to American consumers.
Tariffs were predicted to be a drag on productivity. Instead, U.S. worker productivity saw the biggest quarterly increase in three years after the Trump administration implemented steel and aluminum tariffs.
