NEW YORK, NEW YORK Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New … More York City. Recession risk has risen after the implementation of tariffs. (Photo by Michael M. Santiago/Getty Images) Getty Images U.S. recession risks have risen sharply with the announcement of new tariffs. The…
On Wednesday, United States President Donald Trump imposed sweeping reciprocal tariffs on the US’s trading partners. The day was termed “Liberation Day” by Trump, who signed an executive order imposing a flat 10 percent tariff on almost all nations and then additional tariffs on those countries that the US accuses of charging higher levies on…
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As President Donald Trump rolls out sweeping new tariffs on goods imported into the United States, Americans are growing increasingly pessimistic about their financial fate. Consumers worry that the duties will cause inflation to flare up again, while investors fear that higher prices will mean lower profits and more pain for the battered stock market. As of Thursday…
Inflation-weary Americans may soon find they’re paying more for a host of products after President Trump announced two new types of tariffs on April 2, a day he termed “Liberation Day” because he believes the measures will erase trade imbalances between the U.S. and other nations. While Mr. Trump characterizes tariffs as paid by other…
Many concerned Trump tariffs will raise prices Many Americans concerned Trump’s reciprocal tariffs will raise prices 05:49 As consumers cope with lingering cost-of-living pressures and the potential impact of tariffs, CBS News is tracking the change in prices of everyday household expenses — from food to utilities and rent. Drawing from a range of government…
CBS News is tracking the already sharply rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from the cost of common grocery items to the the purchase and operation of cars and trucks. As new tariffs are set to be rolled out as early as April 2, we will continue…
WASHINGTON (TNND) — President Trump is set to announce his long-promised sweeping tariffs this week, leaving businesses both domestically and internationally on edge about the potential economic impact. The President has dubbed the anticipated announcement “Liberation Day,” with the unveiling expected on April 2. Investors at home and abroad have been anxious, as Trump has…
April 1, 2025 ISLAMABAD – As Ramazan draws to an end, malls and shopping centres across Pakistan begin to mirror a kind of quiet chaos — a ritualistic frenzy that has, over the years, become inseparable from the season. Eid shopping, once rooted in warmth, tradition, and small pleasures, now borders on the edge of…
03/30 update below. This post was originally published on March 29 Bitcoin and crypto prices have dropped back as inflation fears and U.S. president Donald Trump’s tariff threats continue to weigh on the bitcoin price (as well as fresh fears over a new, mystery hack). Front-run Donald Trump, the White House and Wall Street by…