The claims are true. Economists broadly agree that domestic consumers bear most of the costs of tariffs.
Groceries that are most likely to be affected are those that are hard to produce in the U.S., like coffee, bananas, or cocoa.
Many Americans are still trying to understand how possible campaign promises made by President-elect Donald Trump following the election could impact them. One of them was to improve the nation’s ...
Tariffs could raise prices on clothing, toys, furniture, appliances, footwear and travel goods, particularly items where ...