Trump’s trade war is getting serious — here’s why it started, what it means for the US economy, and how it could hit you

By Anne workforce / July 23, 2018

Evan Vucci/AP Photo; Steffi Loos/Getty; Lintao Zhang/Getty; Jochen Zick/Getty; Shayanne Gal/Business Insider President Donald Trump has been on a nearly six-month long tariff spree, kicking off trade wars with several countries. Trump has placed tariffs on everything from steel to chicken incubators. Trading partners including China, Canada, the European Union, and Mexico have hit the […]

See all the products that will cost you more because of Trump’s trade war

By Anne workforce / June 29, 2018

AP Photo/Rogelio V. Solis Trump’s import taxes are meant to help US manufacturers by making foreign products more expensive, but this will hurt likely American consumers. A new wave of tariffs targeting hundreds of Chinese industrial goods is set to take effect on July 6th. According to Labor Department estimates, the average cost of washing machines shot up by […]

All posts in " tariffs "

Trump’s trade war is getting serious — here’s why it started, what it means for the US economy, and how it could hit you

See all the products that will cost you more because of Trump’s trade war