Donald Trump plans new import tariffs from August 1. A study says this may hurt US manufacturers. Costs could rise by 2% to 4.5%. This may lead to wage stagnation or layoffs. Trump says tariffs will boost US manufacturing.

U.S. President Donald Trump is getting his tariffs. Companies are making it clear how they intend to deal with it - passing them on to American consumers.

Tariffs are rising sharply in 2025, with the US rates jumping to 13.3%—the highest since 1939—fueling global uncertainty and triggering a projected $2 trillion hit to global GDP by 2027.

Analysts compare these modern figures with a long tradition of low tariff practices that have […] The post US Tariff History and Global Economic Impact appeared first on Due.

Economic Impact Analysis JPMorgan’s global research division has analyzed the potential economic impact of these tariffs. Their findings indicate significant consequences for the U.S. economy:

US President Donald Trump announced on Sunday that the United States was imposing 15-percent tariffs on all European Union countries.

President Donald Trump’s latest tariff rollout is expected to result in higher prices for American consumers, a new Yale University analysis found Wednesday, projecting the president’s tariff ...

A new scenario-based analysis from McKinsey & Company, warns that escalating trade tensions and high tariffs could slow clean energy deployment and raise system costs across both the United States and European Union through to 2035.

The CBO's analysis covers significant tariff increases on a range of imports. 1 These include substantial hikes on goods from China and Hong Kong (30%), most automobile parts (25%), most countries ...

The EU as a whole has an annual trade surplus with the United States of $235.6 billion, according to the Bureau of Economic Analysis (BEA), which reports to the U.S. Department of Commerce. Only China has a higher amount. Ireland has the largest surplus among EU members, at $86.7 billion.

The post US Tariff History and Global Economic Impact appeared first on Due. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those ...

U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House,