
U.S. Tariffs Backfire: How Trade Policies Strain American Consumers
New U.S. tariffs aimed at reviving domestic industries risk higher prices and consumer strain, testing voter patience ahead of midterms.
News & Insights Across Asia
New U.S. tariffs aimed at reviving domestic industries risk higher prices and consumer strain, testing voter patience ahead of midterms.
Analysts warn Trump-era tariffs are raising costs for U.S. consumers and disrupting global trade, with long-term economic risks.
Proposed U.S. auto tariffs could hike prices up to $10,000 per vehicle while failing to boost domestic manufacturing, economists warn.
New U.S. port fees targeting Chinese-made ships could disrupt global supply chains and raise consumer costs, trade experts warn.
Trump’s expanded tariffs on Chinese mainland, Canadian, and Mexican goods could cost U.S. households $1,200 annually, analysts warn, amid global trade tensions.
U.S. President Trump’s new reciprocal tariffs may limit consumer choices and hinder globalization, warns Indian trade expert S. Parameswaran.
U.S. tariffs on imports from the Chinese mainland are increasing costs for American consumers, with footwear alone costing $9.3 billion in 2023.
U.S. President Donald Trump has increased tariffs on steel and aluminum imports to 25%, potentially driving inflation and raising the tax burden on American consumers.