menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Trump tariffs could boost factory costs 4.5 percent: Analysis

2 1
wednesday

A new analysis on the Trump administration’s tariff policies found several industries could face cost increases of up to 4.5 percent.

The Washington Center for Equitable Growth found prices rising from 2 to 4.5 percent, with particular vulnerability to the manufacturing sector and the repair and maintenance industries, including auto repair shops.

Researcher Christopher Bangert-Downs said those industries are “highly exposed to tariffs” as raw material imports from China could face heightened levies. The world’s two largest economies have been pushing to establish

© The Hill