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tariffs

A collection of 6 posts

US Steel Prices Just Hit Their Highest Level in More Than Four Years, per Bloomberg

US steel prices are at a four-year high, per Bloomberg. US steel prices just hit their highest level in more than four years, per Bloomberg. Benchmark hot-rolled coil has jumped 52% over the past year to $1,255 a ton, a level last seen in May 2022, per

Audi Will Build Its First US Factory in Georgia, Trump Announces, per Reuters

Audi Picks Georgia for Its First US Plant Audi will build its first-ever US auto factory in Georgia, President Donald Trump announced on Saturday. Audi plans to build a $4 billion assembly plant in Georgia that will produce 200,000 SUVs annually, per Reuters. Trump made the announcement at

NY Fed Says Tariffs Are Entirely Behind Inflation on Everyday Items

NY Fed researchers found tariffs added 2.9 percentage points to consumer goods inflation by February 2026. Without them, goods prices would have fallen.

Tariffs Are on the Ballot: 75% of Voters Say They Will Shape the Midterm Vote, per Cato Poll

Three in four voters say tariffs decide their vote Tariffs are on the ballot, per the Cato Institute. A new Cato/Morning Consult poll of 4,150 registered voters finds 75% say tariffs will matter to their midterm vote, including 35% who say the issue is very important. The survey,

U.S. Trade Deficit Balloons to $105.6 Billion in August

The U.S. trade deficit just got bigger. The gap in goods and services trade grew 13.7% from the prior month to $105.6 billion in August, Commerce Department data showed Oct. 6. That missed expectations: economists projected a $102.1 billion shortfall, based on the median estimate in

Illustration of the White House with an upward-pointing arrow leading to a large circle that reads ‘$2,000 Dividend.’ In the background, the U.S. Capitol building is shown with an X over it.

White House Eyes $2,000 Tariff-Revenue Dividend Without Congress

Deputy White House Chief of Staff James Blair said the administration is examining whether it can distribute roughly $2,000 checks to millions of working Americans, funded by tariff revenues, without needing direct congressional approval. What’s the Proposal? * The checks would be financed via revenues from the sweeping tariffs