Ava Kershner is a Multimedia Journalist and Producer at ABC 10News.
A slight increase in wages and big increase in prices.That's what the economic simulation run by UCSD predicts will happen when President Trump ’s tariffs go into effect.But not much would be happening in the next few weeks- they say it might take a year for you to really feel the impact.
“What would you say to San Diegans worrying about higher prices?” I asked.“I say to San Diegans that we have a securities number one. No matter what we talk about, our economic prosperity in San Diego county, which I know the Trump administration is looking to lower taxes, to be able to, you know, really get our economy going in America and San Diego county. But if you're not safe, you can't economically produce, right?” said Gustafson.Now - a potential trade war hangs in the balance.
Trump UCSD Impact Local News Republicans Tariffs
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Iron ore price drops after Trump’s China tariff threatNo 1 source of global mining news and opinion
Read more »
Oil Price Holds Key Support as Trump's Tariff Threats Create Market UncertaintyThe oil price is finding support near $74.00 amidst ongoing volatility fueled by President Trump's tariff threats and calls for OPEC to reduce prices. China's economic struggles are also impacting the outlook for oil demand.
Read more »
Copper price rises in US and slips in London after Trump tariff threatNo 1 source of global mining news and opinion
Read more »
Meloni Courts Trump as Potential European Ally Amidst Tariff ThreatItalian Prime Minister Giorgia Meloni met with incoming President Donald Trump at Mar-a-Lago, solidifying a burgeoning relationship that could position her as Trump's key European ally. The meeting comes as other European heavyweights, Germany and France, grapple with domestic political challenges and face criticism from Trump. Meloni is particularly interested in mitigating the potential impact of Trump's proposed 10% tariff on goods imported to the U.S., Europe's largest trading partner.
Read more »
Trump reportedly considering important alteration to tariff plansPresident-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.
Read more »
Meloni Courts Trump as Italy Faces Tariff ThreatItalian Prime Minister Giorgia Meloni met with incoming President Donald Trump at Mar-a-Lago, marking a potential alliance between the two leaders.
Read more »