Trump’s new tariffs could cost Americans $110 billion, hitting trade-dependent states hardest with higher prices and job losses.
Inflation
Canadian Prime Minister Trudeau slams President Donald Trump’s tariffs and vows retaliation. Trump fires back with more tariff threats.
Waffle House is raising prices on menu items that include eggs, with some orders increasing by up to 15%. The reason? Bird flu.
Coffee prices are rising in the market due to Trump’s tariff threats. That’ll make your Starbucks, Dunkin’, or Peet’s Coffee more expensive.
Core inflation remains elevated and could move higher as Pres. Donald Trump prepares to impose 25% tariffs on imports from Canada and Mexico.
Interest rates will remain elevated in 2025 — but economic growth and resilient consumers could mitigate their impact.
While the federal minimum wage remains unchanged at $7.25, 23 states, including New York, will raise their minimum wages in 2025.
Trump’s proposed tariffs could raise laptop and video game console prices by over 40%, hurting retailers and consumers alike — and the broader economy.
Trump announces plans to impose new tariffs on Canada, Mexico, and China, raising the risk that inflation could begin to surge once again.
President-elect Donald Trump’s proposed tariffs could cost American consumers up to $78 billion annually, increasing prices for clothing, toys, and more.