Anne Robinson of the Scottish Gourmet explains she’s still waiting on thousands of dollars in tariff refunds.
Recent research has found that tariffs can reduce economic activity to a point where inflation starts to fall. But if that happens, the economy would be dealing with much bigger problems.
The tariff on imported goods under $800 is still in effect even after a recent U.S. Supreme Court ruling.
Importers are finding lots of ways to deal with the uncertainty caused by the president’s import taxes.
Uncertainty still looms over manufacturers’ decisions about whether to pass on tariff costs and what to do about hiring.
It’s mostly down to the falling price of oil, but the ingredients and materials manufacturers use are getting cheaper too.
The Biden administration hasn’t removed Trump’s tariffs on steel or aluminum — to the benefit of some U.S. manufacturers.
The EU already imposes an environmental charge on EU-made goods. Its new plan would assess the same charge on imports.
