Tag #Tariffs

nbcnews.com
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Trump's Tariffs Threaten to Hike Consumer Electronics Prices

President-elect Trump's proposed tariffs, ranging from 10% to 60% on various imported goods, threaten to significantly increase consumer electronics prices, potentially triggering a global trade war and harming American businesses and innovation; the CTA estimates that laptops would increase in pric...

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aljazeera.com
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Fed Cuts Rates but Signals Slower Pace Amid Inflation and Policy Uncertainty

On December 18th, the Federal Reserve lowered its key interest rate by 0.25 percent to 4.3 percent, but indicated a slower pace of future cuts due to persistent inflation (2.4 percent in November) and uncertainty about President-elect Trump's policies, with one official dissenting.

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44% Bias Score

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cnn.com
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Trump Considers National Emergency to Justify Widespread Tariffs

President-elect Donald Trump is considering declaring a national economic emergency to implement broad tariffs on allies and adversaries using the International Economic Emergency Powers Act (IEEPA), a move that could rapidly reshape global trade but also face legal challenges.

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40% Bias Score

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cnbc.com
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Trump Tariffs Could Force Fed to Halt Rate Cuts Amid Inflation Concerns

Bank of America warns that President-elect Trump's planned aggressive tariffs could force the Federal Reserve to halt further rate cuts in 2025 due to rising inflation; economists predict that some tariff costs will be passed to consumers, potentially causing a short-term inflation spike, impacting ...

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abcnews.go.com
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Fed Governor Waller Supports Further Interest Rate Cuts Despite Inflation

Federal Reserve Governor Christopher Waller advocates for further interest rate cuts in 2025, despite current inflation near 2.4%, contrasting with Wall Street's expectation of minimal cuts and highlighting uncertainty within the Fed's projections.

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48% Bias Score

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cnn.com
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Trump's Universal Tariffs: Aides Draft Plans Amidst Internal Debate

President-elect Donald Trump is pushing for universal tariffs on imports, with aides drafting plans for a 10% tariff on all imports and a 60% tariff on goods from China, though adjustments are expected due to economic and political considerations; internal debate mirrors his first term.

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48% Bias Score

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cnbc.com
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Trump's Tariffs Threaten to Hike Electronics Prices

President-elect Donald Trump's proposed tariffs on imported goods, including electronics, are predicted by the Consumer Technology Association to increase average prices of laptops by \$357, smartphones by \$213, and televisions by \$48, potentially leading to economic slowdown and retaliatory tarif...

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44% Bias Score

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cnnespanol.cnn.com
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Trump Considers National Emergency to Impose Universal Tariffs

President-elect Trump is considering declaring a national economic emergency to justify imposing universal tariffs on both allied and adversarial nations, using the International Emergency Economic Powers Act (IEEPA), potentially bypassing standard trade law procedures and facing legal challenges.

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48% Bias Score

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theglobeandmail.com
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Trump Threatens Tariffs, Annexation of Canada

President-elect Trump threatened 25 percent tariffs on Canadian and Mexican imports and mused about Canada becoming the 51st U.S. state, sparking mixed reactions from Americans in Canada and a measured response from the Canadian government.

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Peace, Justice, and Strong Institutions
cnn.com
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Post-Election Surge in Home and Community Gardening Amidst Tariff Fears

Concerns about increased food prices after the 2024 election spurred a rise in home and community gardening, with anecdotal examples from California and New York, and a retiree in Arkansas preparing for potential tariffs by purchasing a wood chipper.

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Zero Hunger
theglobeandmail.com
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Canada's Trade Surplus with U.S. Grows Amid Trump's Tariff Threats

Canada's November trade deficit shrank to $323 million, while its surplus with the U.S. rose to $8.2 billion, despite overall export growth. This comes amid President-elect Trump's threats of tariffs on Canadian goods due to unresolved border security concerns and criticisms of trade deficits.

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cnnespanol.cnn.com
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Trump's Advisors Weigh Universal Tariffs Amidst Internal Divisions

President-elect Donald Trump is pushing for universal tariffs on foreign imports, with advisors exploring a 10% tariff on all imports and a 60% tariff on Chinese goods, although adjustments are under consideration due to political and economic realities; internal divisions exist among his advisors o...

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40% Bias Score

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