Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
Aluminum tariffs could raise soda, beer prices
Craft brewers, relying on imported aluminum, may see price hikes of $1-$2 per four-pack. Additionally, Canada has canceled shipments of U.S. craft beer, possibly in retaliation. The Brewers Association warns that broader trade disputes could further impact exports.
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Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and ...
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