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Falling import prices are good news in the fight against inflation

Jul 14, 2023
It's mostly down to the falling price of oil, but the ingredients and materials manufacturers use are getting cheaper too.
"Lowered prices for imported inputs are going to show up as lowered prices for domestically produced goods," says economics professor Robert Johnson of Notre Dame.
Brandon Sloter/Getty Images

Some U.S. manufacturers are still benefiting from Trump-era tariffs

Jun 16, 2023
The Biden administration hasn’t removed Trump’s tariffs on steel or aluminum — to the benefit of some U.S. manufacturers.
"Everyone kind of expected when President Biden came into office that that the China tariffs would go away," said customs broker Gretchen Blough. "But everything's still in place."
Justin Sullivan/Getty Images

What's a "carbon border adjustment mechanism," and what does it mean for U.S. exports?

Dec 14, 2022
The EU already imposes an environmental charge on EU-made goods. Its new plan would assess the same charge on imports.
The European Union implemented the world’s first tax on the carbon content of imported goods Tuesday. Above, a container ship at the port of Hamburg, Germany.
Gregor Fischer/Getty Images