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There's even worry the tariffs might cause some smaller retailers to go out of business, Gold said. There have already been signs that consumers and retailers reacted to potential price increases ...
Key takeaways. Tariffs are a tax imposed on goods that the U.S. imports from other nations. President-elect Donald Trump has shown a penchant for tariffs in his economic policy agenda.
Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office. Trump has proposed importers pay a 25% tax on all ...
Inflation is moderating, but economists expect that trend could reverse quickly if Donald Trump follows through with a proposal to impose 10%-20% tariffs on all imports and a 60% tariff on Chinese ...
Neoclassical economic theorists tend to view tariffs as distortions to the free market. Typical analyses find that tariffs tend to benefit domestic producers and government at the expense of consumers, and that the net welfare effects of a tariff on the importing country are negative due to domestic firms not producing more efficiently since ...
Now, Americans may have to actually brace for stagflation — something the nation’s economy hasn’t experienced in over half a century. This time around, though, fueled by tariffs.
A tariff on all imported goods could cause U.S. stocks to drop by about 10 percent and bond yields to decrease, according to one analysis released by UBS Wealth Management in May.
And it’s small and medium-sized firms that disproportionately bear the burden of tariffs, Gold said; in many cases, “they’ve got to go ahead and pass those costs directly on to the consumer.”