The administration will impose a minimum import price for polysilicon, a key component for semiconductors and solar panels, as well as tariffs for products made with the material.
State of the Union: Import prices rose 6.7 percent year over year, driven primarily by rising fuel prices. The post Import Prices See Biggest Spike Since August 2022 appeared first on The American Conservative .
The Bureau of Labor Statistics Import and Export Price Index rose at its fastest rate year-over-year (YOY) since August 2022. From May 2025 to May 2026, import prices rose 6.7 percent, driven by a 45.1 percent increase in fuel and lubricant import prices. Export prices rose 11.2 percent over the same period led by prices for nonagricultural exports, which rose 11.8 percent YOY. Prices for U.S. imports rose 1.9 percent from April to May, following a similar increase from March to April of two percent. Export prices experienced a similar increase month-over-month of 1.3 percent, the sixth consecutive increase in the index. Iran’s closure of the Strait of Hormuz significantly drove up energy prices, increasing the prices of both…Open
The Iran War continues to place upward pressure on fuel import prices. The post U.S. Import Prices Rise Fastest since October 2022 appeared first on The American Conservative .
U.S. import prices rose by 4.2 percent year-over-year this April, per the Bureau of Labor Statistics’s Import and Export Price Indexes report Thursday morning. This is the highest year-over-year (YOY) increase since October 2022. Fuel import prices increased 16.3 percent in April for the month, following a 10 percent increase in March, as the war in Iran continues. Over a 12-month period, petroleum import prices increased by 22 percent. Export prices rose similarly for the month of April, with an increase of 3.3 percent over the month and 8.8 percent YOY. This is the highest YOY increase since September 2022. Energy shocks and monetary infusions have driven up prices for production and export prices reflect higher producer costs at…Open
PULSE POINTSWHAT HAPPENED: President Donald J. Trump’s Director of the National Economic Council, Kevin Hassett, is pushing back on a research paper published by the New York Federal Reserve Bank that claims tariff costs are predominantly being passed on to American consumers.WHO WAS INVOLVED: Kevin Hassett, President Trump, the Federal Reserve Bank of New York, and American […] The post Trump’s Top Econ Advisor Blasts ‘Embarrassing’ Federal Reserve Tariff Study: ‘Worst Paper Ever Seen.’ appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: President Donald J. Trump’s Director of the National Economic Council, Kevin Hassett, is pushing back on a research paper published by the New York Federal Reserve Bank that claims tariff costs are predominantly being passed on to American consumers. WHO WAS INVOLVED: Kevin Hassett, President Trump, the Federal Reserve Bank of New York, and American consumers. WHEN & WHERE: Hassett’s remarks were made on February 18, 2026, following the release of the New York Fed tariff study. KEY QUOTE: “The paper is an embarrassment. It’s, I think, the worst paper I’ve ever seen in the history of the Federal Reserve System.” — Kevin Hassett IMPACT: The New York Fed research has fueled a new round of…Open