Tariff impact: Donald Trump’s new import duties could push US factory costs up to 4.5%, economists warn; flag risks to jobs, AI growth and margins – Times of India
As President Donald Trump prepares to implement a sweeping set of new import tariffs starting August 1, a new analysis suggests these policies could significantly strain US manufacturers by raising their costs between 2% and 4.5%. The research, conducted by the Washington Center for Equitable Growth, warns that such increases may crimp already-thin profit margins,…