{"id":40183,"date":"2025-07-25T21:30:03","date_gmt":"2025-07-25T21:30:03","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/"},"modified":"2025-07-25T21:30:03","modified_gmt":"2025-07-25T21:30:03","slug":"tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/","title":{"rendered":"Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>The new normal for U.S. tariffs on foreign goods starts at 15%. Even as President Trump seeks to forge new terms of trade\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-announces-japan-trade-deal-15-tariffs\/\" data-invalid-url-rewritten-http=\"\">with Japan<\/a><\/span>, the <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-tariffs-trade-deal-eu-scotland\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">European Union<\/a><\/span> and other global economic partners, he is raising the floor for tariffs to their highest level in decades.\u00a0<\/p>\n<p>Speaking\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-uai-plan-data-centers-us-infrastructure\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">at an AI summit<\/a><\/span> on Wednesday, Mr. Trump said &#8220;we&#8217;ll have a straight, simple tariff of anywhere between 15% and 50%,&#8221; conditioning the lower rate on countries opening their economies to the U.S.\u00a0<\/p>\n<p>The White House has said sharply higher tariffs could take effect on dozens of countries as soon as Aug. 1 unless they ink new trade deals. The Trump administration has a separate negotiating timeline with China, which <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/us-china-imports-june-tariffs\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">faces an Aug. 12 deadline<\/a><\/span> for an agreement.<\/p>\n<p>As these new rules of international commerce take shape, companies across a range of industries are emphasizing that higher tariffs translate into higher operational costs \u2014 and higher prices for consumers.<\/p>\n<p>For example, Nestl\u00e9 on Thursday said it was considering hiking prices for candy bars and other products as tariffs threaten to eat into the food company&#8217;s profit margins. The same day, Italian fashion brand Moncler said it has already hiked prices for its apparel to offset additional tariff-related costs. And General Electric said this week that proposed U.S. tariffs, should they take effect, would cost the company around $500 million in 2025, noting that it would move to offset those taxes through &#8220;cost controls and pricing actions.&#8221;\u00a0<\/p>\n<p>Orange juice importer Johanna Foods has gone a step further, this week filing a lawsuit against the Trump administration over its proposed\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-brazil-massive-50-tariff-witch-hunt-against-bolsonaro\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">50% tariff on Brazil<\/a><\/span>, which the New Jersey company said would seriously hurt its business and force it to hike product prices by up to 25%.<\/p>\n<p>The White House disputes that higher U.S. tariffs will drive up costs for businesses and consumers.\u00a0<\/p>\n<p>&#8220;The administration has consistently maintained that the cost of tariffs will be borne by foreign exporters who rely on access to the American economy, the world&#8217;s biggest and best consumer market,&#8221; White House spokesman Kush Desai told CBS MoneyWatch in a statement.\u00a0<\/p>\n<p>Desai also pointed to a recent <a href=\"https:\/\/www.whitehouse.gov\/wp-content\/uploads\/2025\/03\/Imported-Goods-Have-Been-Getting-Cheaper-Relative-to-Domestically-Produced-Goods.pdf\" target=\"_blank\" rel=\"nofollow noopener\">analysis<\/a> by the White House&#8217;s Council of Economic Advisers that he said shows import prices falling this year.<\/p>\n<h2>Price hikes not &#8220;instantaneous&#8221;<\/h2>\n<p>Economists warn that consumers should brace for higher prices on a range of goods, from leather products and clothing to electronics and automobiles, later this year.\u00a0<\/p>\n<p>&#8220;Up to now there has been only limited passthrough from tariffs into final consumer prices, but we still expect the impact to gradually mount in the second half of this year,&#8221; Paul Ashworth, chief North America economist with Capital Economics, told investors in a research note. &#8220;Now that the Trump administration is concluding deals that would see the tariff rate facing most trading partners settling at between 15% and 20%, with even higher rates levied on Chinese imports, we suspect retailers will be forced to finally raise the prices paid by consumers.&#8221;<\/p>\n<p>Inflation in the early part of 2025 remained <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/inflation-trump-tariffs\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">fairly contained<\/a><\/span>. That&#8217;s because many companies and consumers accelerated their purchases of imported goods to avoid the risk of paying more if, or when, steep new tariffs take effect.\u00a0<\/p>\n<p>Meanwhile, in the short-term, sharply higher prices are unlikely across the board, according to trade experts.<\/p>\n<p>&#8220;When you open up the hood of that, it&#8217;s not going to be even across all categories of spending,&#8221; Ernie Tedeschi, director of economics at the Budget Lab at Yale, told CBS MoneyWatch. &#8220;It&#8217;s categories of spending where we import more that are going to be more sensitive to tariffs.&#8221;<\/p>\n<p>But over the longer term, an increased baseline tariff, coupled wtih higher levies on individual countries, is projected to drive up U.S. prices by 2% over the next two years, according to an <a href=\"https:\/\/budgetlab.yale.edu\/research\/state-us-tariffs-july-23-2025\" target=\"_blank\" rel=\"nofollow noopener\">analysis<\/a> from the Yale Budget Lab.\u00a0<\/p>\n<p>&#8220;This isn&#8217;t an instantaneous, &#8216;We wake up the next morning and the world is different,'&#8221; Tedeschi added.<\/p>\n<p>But as the new U.S. tariff regime becomes embedded in global supply chains, some import-heavy product categories could see especially sharp price increases, he said. Specifically, foreign-made leather shoes and handbags, along with apparel, could see prices spike by at least 40%, while the cost of electronics could jump more than 20%, according to the Yale Budget Lab.\u00a0<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/megan-cerullo\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Megan  Cerullo<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24\/7 to discuss her reporting.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/tariff-baseline-15-percent-nestle-consumer-prices\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new normal for U.S. tariffs on foreign goods starts at 15%. Even as President Trump seeks to forge new<\/p>\n","protected":false},"author":1,"featured_media":40184,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[799,386],"class_list":["post-40183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-tariffs","tag-trump-administration"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say - World News<\/title>\n<meta name=\"description\" content=\"With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say - World News\" \/>\n<meta property=\"og:description\" content=\"With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/\" \/>\n<meta property=\"og:site_name\" content=\"World News\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-25T21:30:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg\" \/><meta property=\"og:image\" content=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"998\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/\"},\"author\":{\"name\":\"News\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2\"},\"headline\":\"Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say\",\"datePublished\":\"2025-07-25T21:30:03+00:00\",\"dateModified\":\"2025-07-25T21:30:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/\"},\"wordCount\":756,\"publisher\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1200&resize=1200,630&ssl=1\",\"keywords\":[\"Tariffs\",\"Trump Administration\"],\"articleSection\":[\"Money Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/\",\"name\":\"Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say - World News\",\"isPartOf\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1200&resize=1200,630&ssl=1\",\"datePublished\":\"2025-07-25T21:30:03+00:00\",\"dateModified\":\"2025-07-25T21:30:03+00:00\",\"description\":\"With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.\",\"breadcrumb\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1200&resize=1200,630&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1200&resize=1200,630&ssl=1\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/site.itshrt.com\/worldnews\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#website\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/\",\"name\":\"World News\",\"description\":\"World News\",\"publisher\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/site.itshrt.com\/worldnews\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\",\"name\":\"World News\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png\",\"contentUrl\":\"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png\",\"width\":581,\"height\":581,\"caption\":\"World News\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2\",\"name\":\"News\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say - World News","description":"With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/","og_locale":"en_US","og_type":"article","og_title":"Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say - World News","og_description":"With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.","og_url":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/","og_site_name":"World News","article_published_time":"2025-07-25T21:30:03+00:00","og_image":[{"url":"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg","type":"","width":"","height":""},{"url":"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg","width":1920,"height":998,"type":"image\/jpeg"}],"author":"News","twitter_card":"summary_large_image","twitter_image":"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg","twitter_misc":{"Written by":"News","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#article","isPartOf":{"@id":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/"},"author":{"name":"News","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2"},"headline":"Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say","datePublished":"2025-07-25T21:30:03+00:00","dateModified":"2025-07-25T21:30:03+00:00","mainEntityOfPage":{"@id":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/"},"wordCount":756,"publisher":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#organization"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1200&resize=1200,630&ssl=1","keywords":["Tariffs","Trump Administration"],"articleSection":["Money Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/","url":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/","name":"Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say - World News","isPartOf":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#website"},"primaryImageOfPage":{"@id":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#primaryimage"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1200&resize=1200,630&ssl=1","datePublished":"2025-07-25T21:30:03+00:00","dateModified":"2025-07-25T21:30:03+00:00","description":"With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.","breadcrumb":{"@id":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#primaryimage","url":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1200&resize=1200,630&ssl=1","contentUrl":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1200&resize=1200,630&ssl=1","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/site.itshrt.com\/worldnews\/tariffs-likely-to-drive-up-u-s-prices-even-with-trump-trade-deals-experts-say\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/site.itshrt.com\/worldnews\/"},{"@type":"ListItem","position":2,"name":"Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say"}]},{"@type":"WebSite","@id":"https:\/\/site.itshrt.com\/worldnews\/#website","url":"https:\/\/site.itshrt.com\/worldnews\/","name":"World News","description":"World News","publisher":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/site.itshrt.com\/worldnews\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/site.itshrt.com\/worldnews\/#organization","name":"World News","url":"https:\/\/site.itshrt.com\/worldnews\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/","url":"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png","contentUrl":"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png","width":581,"height":581,"caption":"World News"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2","name":"News","url":"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/"}]}},"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=150&resize=150,150&ssl=1","medium":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=300&resize=300,300&ssl=1","medium_large":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=768&resize=768,0&ssl=1","large":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1024&resize=1024,1024&ssl=1","1536x1536":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1536&resize=1536,1536&ssl=1","2048x2048":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=2048&resize=2048,2048&ssl=1","colormag-highlighted-post":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=392&resize=392,272&ssl=1","colormag-featured-post-medium":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=390&resize=390,205&ssl=1","colormag-featured-post-small":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=130&resize=130,90&ssl=1","colormag-featured-image":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=800&resize=800,445&ssl=1","colormag-default-news":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=150&resize=150,150&ssl=1","colormag-featured-image-large":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1400&resize=1400,600&ssl=1","colormag-elementor-block-extra-large-thumbnail":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1155&resize=1155,480&ssl=1","colormag-elementor-grid-large-thumbnail":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=600&resize=600,417&ssl=1","colormag-elementor-grid-small-thumbnail":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=285&resize=285,450&ssl=1","colormag-elementor-grid-medium-large-thumbnail":"https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=575&resize=575,198&ssl=1"},"magazineBlocksPostAuthor":{"name":"News","avatar":"https:\/\/secure.gravatar.com\/avatar\/e85cf08852547781a5f631f3713dbb5197ed4b54e32ae19c7d5769b8c8504897?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":false,"magazineBlocksPostExcerpt":"The new normal for U.S. tariffs on foreign goods starts at 15%. Even as President Trump seeks to forge new","magazineBlocksPostCategories":["Money Watch"],"magazineBlocksPostViewCount":12,"magazineBlocksPostReadTime":4,"magazine_blocks_featured_image_url":{"full":["https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=1200&resize=1200,630&ssl=1",1200,630,false],"medium":["https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=300&resize=300,300&ssl=1",300,300,false],"thumbnail":["https:\/\/i0.wp.com\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/07\/24\/a7521aa6-ee27-4cc5-9f03-5a0f2b617451\/thumbnail\/1200x630\/d746f25e660521d860a728345864c161\/gettyimages-1308615771.jpg?w=150&resize=150,150&ssl=1",150,150,false]},"magazine_blocks_author":{"display_name":"News","author_link":"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/e85cf08852547781a5f631f3713dbb5197ed4b54e32ae19c7d5769b8c8504897?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-37\">Money Watch<\/a>","_links":{"self":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts\/40183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/comments?post=40183"}],"version-history":[{"count":0,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts\/40183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/media\/40184"}],"wp:attachment":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/media?parent=40183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/categories?post=40183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/tags?post=40183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}