• 1f. Real Estate Trends and News – North Texas

  Local News How Trump tariffs could impact cost of groceries, new homes in North

  Posted by propshop_connector on 11 April 2025 at 4:21 PM

  https://www.cbsnews.com/texas/news/how-trump-tariffs-could-impact-cost-of-groceries-new-homes-in-north-texas/

  CBS NEWS Writes:

  “He announced plans Tuesday to double tariffs on steel and aluminum imports from Canada in retaliation for Ontario putting a surcharge on electricity coming into the U.S. Trump later backed off that plan, Commerce Secretary Howard Lutnick told CBS News, after Lutnick and Ontario Premier Doug Ford announced Canada would suspend its new 25% surcharge on electricity exports.

  Lutnick, asked by CBS News in an interview Tuesday if the president plans to go through with the 50% tariffs, replied, “No, that’s off, too. So, we’re at 25% for steel and aluminum because that’s where we were.”

  
  

  Read more in the original article below:

  

  cbsnews.com

  How Trump tariffs could impact cost of groceries, new homes in North Texas

  President Trump's escalating trade war could impact the housing market in Texas, according to economists and industry experts.

  propshop_connector replied 2 weeks, 5 days ago 1 Member · 0 Replies
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