5 Articles
5 Articles
When will prices rise as a result of tariff policy?
Tariff policies are not a problem that concerns only entrepreneurs or political leaders. Indeed, ordinary citizens are the ones who suffer the most from the direct impact. When a country decides to apply tariffs on imports, the prices of these goods on the local market must rise to continue to be profitable, since that additional cost must be passed on to consumers. While there is no exact date, we may feel the repercussions as producers adjust …
In Focus: Potential Impacts of Tariffs on Kentucky Industries - Kentucky Center for Economic Policy
In Focus: Potential Impacts of Tariffs on Kentucky Industries By: Mario Anderson Source: Spectrum News 1 The post In Focus: Potential Impacts of Tariffs on Kentucky Industries appeared first on Kentucky Center for Economic Policy.
Chicagoland Grapples With Tariff Impacts
Chicagoland faces a critical juncture as new tariffs loom on the horizon. A 25% tariff on goods from Canada and Mexico, alongside a 20% tariff on imports from China, threatens to inflate construction costs considerably. The automotive sector projects a 33% decline in production, raising concerns about broader economic stability. These developments could have cascading effects on various industries, challenging local businesses and consumers alik…
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