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Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say
Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say US tariffs on goods from its three largest trading partners -- neighboring nations Canada and Mexico as well as China -- have gone into effect after President Trump signed an order late Saturday afternoon, Feb. 1. Canada and Mexico have been slapped with 25 percent tariffs. The rate for China, America's main economic rival, is 10 percent. Canada also has an adjusted 10 percent rate for energy products, include crude oil. Mexico and Canada account for about 70 percent of US crude oil imports. Now, many economists are warning that American consumers will be paying more for a host of staple i…

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by Joe Lombardi
News
Gas Prices Fall In CT: Here's How Much Gas Prices Fall In CT: Here's How Much
Gas Prices Fall In CT: Here's How Much Hey, you might have a few extra pennies in your pocket with the cost of gasoline falling a whole 6 cents last week in Connecticut. According to AAA Connecticut, the average for a gallon of self-service regular gas was $3.73. The national average fell by 12 cents to $3.68. “Drivers are seeing lower prices at the pump after a sharp drop in demand and a sizeable increase in gasoline inventories last week,” said Alec Slatky, managing director of Public and Government Affairs for AAA Northeast. “Oil prices spiked over the three-day weekend, but it’s too soon to gauge the impact of the war in Isr…

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by Kathy Reakes
Lifestyle
Gas Prices Hit New Record High In Connecticut Amid Surge In Oil Costs Gas Prices Hit New Record High In Connecticut Amid Surge In Oil Costs
Gas Prices Hit New Record High In Connecticut Amid Surge In Oil Costs There is no relief in sight for motorists in Connecticut as prices at the pump continue to rise to new record highs, according to AAA. As of Monday, May 16, AAA was reporting that the average price per gallon has risen to $4.54 in Connecticut, setting another new record after peaking at $4.32 a week prior. Diesel gas is also on the rise, up to $6.41 as of May 16, also a new record in the Nutmeg State. According to AAA, there is not expected to be any relief for drivers with Memorial Day and the busy summer driving season fast approaching. “The high cost of oil, the key ingredient in gaso…

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by Zak Failla