U.S. Consumers Foot the Bill for Trump’s New Tariffs
Goldman Sachs analysis reveals U.S. consumers are bearing 55% to 70% of President Trump’s new furniture and lumber tariffs through rising prices.
Inflation
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China’s Core CPI Growth Accelerates to 1% in September
China’s core CPI rose 1.0% in September—its fifth monthly increase—while PPI declines narrowed, pointing to shifting inflation dynamics.
Chinese Mainland CPI Dips 0.3% in September
The Chinese mainland’s consumer price index fell 0.3% in September, signaling cooler inflation, according to the National Bureau of Statistics.
U.S. Consumers to Shoulder Over Half of Trump’s Tariffs, Goldman Sachs Says
Goldman Sachs warns U.S. consumers will bear 55% of Trump’s tariffs this year, driving inflation up to 3% by December.
U.S. Consumer Sentiment Drops in September Over Inflation & Job Concerns
U.S. consumer sentiment fell to 55.1 in September amid high inflation and job fears, with 44% feeling price pressures and 65% expecting unemployment to rise. UM survey shows challenges ahead.
How US Tariffs Are Taxing the American Dream
US tariffs from the Trump era are quietly driving up grocery bills and squeezing households across America.
Chinese Mainland CPI Drops 0.4% in August
The Chinese mainland’s CPI fell 0.4% in August, signaling a cool-down in price growth. Discover what this means for consumers, investors, and travelers.
US Tariffs Fire Up Inflation Fears as CPI Creeps Higher
Since April’s sweeping US tariffs, monthly CPI readings have ticked higher. Despite government reassurances, experts warn inflationary pressures may be heating up.
Rising Back-to-School Costs Squeeze Parents at Checkout
Parents in the U.S. and beyond face rising back-to-school costs as tariffs and inflation push up prices, prompting tough budget choices and creative community swaps.
Tariffs Turn Up the Heat: U.S. Inflation Is Accelerating
Economist Michael Strain warns tariffs are driving U.S. inflation above the Fed’s target, with the full impact yet to unfold.