Trump's Tariffs Could Hike Consumer Goods Prices by 20-40%
President-elect Trump's planned tariff increases on imports from China, Mexico, and Canada could significantly raise consumer prices on electronics, household appliances, and toys by an average of 20-40%, according to analyses by the Consumer Technology Association and the National Retail Federation...
Trump's Tariffs Could Hike Consumer Goods Prices by 20-40%
President-elect Trump's planned tariff increases on imports from China, Mexico, and Canada could significantly raise consumer prices on electronics, household appliances, and toys by an average of 20-40%, according to analyses by the Consumer Technology Association and the National Retail Federation...
Progress
52% Bias Score
Goldman Sachs Predicts 20%+ Gains for US Steel Producers
Goldman Sachs forecasts a 20%+ gain for U.S. steel producers Nucor, Commercial Metals, and Cleveland-Cliffs in the next 12 months due to anticipated favorable trade policies, steady demand, lower interest rates, and fiscal stimulus, despite concerns over global oversupply.
Goldman Sachs Predicts 20%+ Gains for US Steel Producers
Goldman Sachs forecasts a 20%+ gain for U.S. steel producers Nucor, Commercial Metals, and Cleveland-Cliffs in the next 12 months due to anticipated favorable trade policies, steady demand, lower interest rates, and fiscal stimulus, despite concerns over global oversupply.
Progress
52% Bias Score
Trump Threatens 100% Tariffs on BRICS Nations Over Potential New Currency
President-elect Donald Trump threatened 100% tariffs against BRICS nations—including Brazil, Russia, India, China, South Africa, and several new members—if they create a new currency to rival the US dollar, escalating trade tensions and geopolitical competition.
Trump Threatens 100% Tariffs on BRICS Nations Over Potential New Currency
President-elect Donald Trump threatened 100% tariffs against BRICS nations—including Brazil, Russia, India, China, South Africa, and several new members—if they create a new currency to rival the US dollar, escalating trade tensions and geopolitical competition.
Progress
44% Bias Score
Rounds Backs Wray Amidst Trump's Plan to Replace FBI Director
Senator Mike Rounds expressed support for FBI Director Christopher Wray despite President-elect Trump's plan to replace him with Kash Patel, highlighting the potential conflict between presidential loyalty and Senate confirmation processes.
Rounds Backs Wray Amidst Trump's Plan to Replace FBI Director
Senator Mike Rounds expressed support for FBI Director Christopher Wray despite President-elect Trump's plan to replace him with Kash Patel, highlighting the potential conflict between presidential loyalty and Senate confirmation processes.
Progress
44% Bias Score
Potential US Tariffs on Alcohol Imports from Canada and Mexico to Increase Prices
A potential 25% tariff on Canadian and Mexican goods could significantly increase prices for popular alcoholic beverages in the US, impacting consumers and businesses; in 2023, the US imported $5.69B in beer and $4.81B in alcohol from Mexico alone.
Potential US Tariffs on Alcohol Imports from Canada and Mexico to Increase Prices
A potential 25% tariff on Canadian and Mexican goods could significantly increase prices for popular alcoholic beverages in the US, impacting consumers and businesses; in 2023, the US imported $5.69B in beer and $4.81B in alcohol from Mexico alone.
Progress
40% Bias Score
Trump's Tariffs Threaten Global Economic Stability
Donald Trump announced 25% tariffs on all imports from Mexico and Canada and an additional 10% on Chinese goods starting January 2025, potentially leading to global stagflation and forcing central banks to choose between combating inflation or recession.
Trump's Tariffs Threaten Global Economic Stability
Donald Trump announced 25% tariffs on all imports from Mexico and Canada and an additional 10% on Chinese goods starting January 2025, potentially leading to global stagflation and forcing central banks to choose between combating inflation or recession.
Progress
44% Bias Score
Trump Re-election: Market Reaction Muted Compared to 2016
Following Donald Trump's 2024 re-election, the US dollar strengthened and Treasury yields rose slightly, similar to 2016, but the effect was less pronounced; unlike 2016, the current restrictive monetary policy and proposed deflationary measures suggest a potentially less robust market performance.
Trump Re-election: Market Reaction Muted Compared to 2016
Following Donald Trump's 2024 re-election, the US dollar strengthened and Treasury yields rose slightly, similar to 2016, but the effect was less pronounced; unlike 2016, the current restrictive monetary policy and proposed deflationary measures suggest a potentially less robust market performance.
Progress
36% Bias Score
Stoli Group Files for Bankruptcy Amidst Legal Battles and Cyberattack
Stoli Group USA, facing financial difficulties from a cyberattack, a costly legal battle with Russia, and decreased post-pandemic alcohol demand, filed for Chapter 11 bankruptcy, though it assures consumers that product availability will remain unaffected.
Stoli Group Files for Bankruptcy Amidst Legal Battles and Cyberattack
Stoli Group USA, facing financial difficulties from a cyberattack, a costly legal battle with Russia, and decreased post-pandemic alcohol demand, filed for Chapter 11 bankruptcy, though it assures consumers that product availability will remain unaffected.
Progress
44% Bias Score
Tariffs and Tax Cuts: Economic Uncertainty Under a Second Trump Administration
CBS News business analyst Jill Schlesinger discusses the potential economic impact of new tariffs and tax cuts under a second Trump administration, highlighting the uncertainty and risk of increased prices for consumers already struggling with inflation.
Tariffs and Tax Cuts: Economic Uncertainty Under a Second Trump Administration
CBS News business analyst Jill Schlesinger discusses the potential economic impact of new tariffs and tax cuts under a second Trump administration, highlighting the uncertainty and risk of increased prices for consumers already struggling with inflation.
Progress
36% Bias Score
Trump Announces 25% Tariffs on Mexican and Canadian Goods
President-elect Trump announced on Monday a 25% tariff on all goods imported from Mexico and Canada, prompting a Friday meeting between Trump and Canadian Prime Minister Trudeau to discuss the issue, while Mexico also threatens retaliatory tariffs.
Trump Announces 25% Tariffs on Mexican and Canadian Goods
President-elect Trump announced on Monday a 25% tariff on all goods imported from Mexico and Canada, prompting a Friday meeting between Trump and Canadian Prime Minister Trudeau to discuss the issue, while Mexico also threatens retaliatory tariffs.
Progress
40% Bias Score
Poilievre Blames Trudeau for Trump's Tariff Threat
Canadian Conservative leader Pierre Poilievre blames Prime Minister Justin Trudeau for Donald Trump's threat to impose 25% tariffs on Canadian goods, citing Trudeau's perceived weakness and calling for policy changes to strengthen Canada's position.
Poilievre Blames Trudeau for Trump's Tariff Threat
Canadian Conservative leader Pierre Poilievre blames Prime Minister Justin Trudeau for Donald Trump's threat to impose 25% tariffs on Canadian goods, citing Trudeau's perceived weakness and calling for policy changes to strengthen Canada's position.
Progress
40% Bias Score
Trump Threatens 25% Tariff on Canadian Imports
Donald Trump threatens a 25% tariff on all Canadian imports after his inauguration, jeopardizing the $908 billion USD in bilateral trade between the two countries in 2022 and potentially causing a severe economic downturn in Canada. This action disregards the USMCA trade agreement and causes concern...
Trump Threatens 25% Tariff on Canadian Imports
Donald Trump threatens a 25% tariff on all Canadian imports after his inauguration, jeopardizing the $908 billion USD in bilateral trade between the two countries in 2022 and potentially causing a severe economic downturn in Canada. This action disregards the USMCA trade agreement and causes concern...
Progress
44% Bias Score