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Tag Archives: tariffs

Retail Sales Rise Moderately in March Amid Tariff Concerns

March retail sales

The National Retail Federation’s (NRF) CNBC/NRF Retail Monitor recently reported increased retail sales in March following two months of declines. Although sales grew, the gains were moderate due to concerns of rising tariffs. The U.S. Census Bureau’s Advance Monthly Sales …

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Paused Tariffs Offer Temporary Relief for Consumers

Tariffs paused

Days after sweeping tariffs were announced, President Donald Trump has paused tariffs for most nations for 90 days and increased tariffs on Chinese imports to 125%. As a result of these tariffs, Hackett Associates founder Ben Hackett says imports during …

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Import Cargo Levels Continue Rising Amidst Tariffs

Import Cargo

As the U.S. continues to grapple with tariffs, imports at the nation’s major ports are expected to remain elevated through this spring but volume could see year-over-year drops this summer, according to the Global Port Tracker report released by the …

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U.S. Tariffs on Mexico and Canada Take Effect

tariffs enforced

Following previous announcements regarding impending tariffs on Canada and Mexico, President Donald Trump has officially imposed 25% tariffs on Mexican and Canadian imports. The president also increased tariffs on Chinese products to 20% and taxes on Canadian energy will be …

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New Tariffs on Steel, Aluminum Announced

Metal tariffs

After multiple tariffs on imports from China, Mexico and Canada were announced then placed on hold in early February, President Donald Trump announced a new round of tariffs on Feb. 10 that would raise steel and aluminum imports to a …

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The Latest on China, Canada and Mexico Tariffs

tariffs enforced

President Donald Trump has announced multiple tariffs since taking office in January. Here’s the latest on where China, Canada and Mexico stand with the impending and active tariffs. China As of Feb. 4, President Trump implemented a 10% tariff on …

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Mortgage Rates Increase in January

Mortgage rates

Mortgage rates have been climbing since mid-December, with an average 30-year fixed-rate mortgage reaching 6.96% in January, before easing after the bond market stabilized following President Donald Trump’s postponement of tariffs until Feb. 1, the National Association of Home Builders …

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