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.
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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 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.
US tariffs from the Trump era are quietly driving up grocery bills and squeezing households across America.
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.
Since April’s sweeping US tariffs, monthly CPI readings have ticked higher. Despite government reassurances, experts warn inflationary pressures may be heating up.
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.
Economist Michael Strain warns tariffs are driving U.S. inflation above the Fed’s target, with the full impact yet to unfold.
China’s CPI was unchanged year-on-year in July, while PPI fell due to seasonal trends, offering insights into the Chinese mainland economy.
The Chinese mainland’s CPI remained unchanged year-on-year in July, signaling stable prices and calm inflation.
New data reveals U.S. lawmakers profiting from tariffs while inflation rises, sparking a rare bipartisan push to curb conflicts of interest.