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President Trump is once again pressing the Federal Reserve to lower interest rates, even as his own tariffs make that more difficult. Economists say if Trump gets his way, it could backfire.
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When it comes to the cost of raising a child from infancy to the age of 17 in the United States - it's hard to settle on a precise figure.
There's one thing we do know - it's going to be expensive.
By some estimates, raising a kid, who was born in 2015, could cost a middle class family close to $320,000 over 17 years.
That money goes to childcare, healthcare, food, clothes, education, transportation, activities, toys, and a lot more. All of those things will be affected - one way or another - by the Trump administration's tariff policy.
And the companies that sell products geared at those raising kids - they're going to feel the pinch as well. One CEO argues it could even mean certain products will become unavailable.
Being a parent in the U.S. is already expensive. Slapping tariffs on the products kids use could make it more so.
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Email us at considerthis@npr.org.
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Trump says China trade deal is weeks away. But does Beijing have the upper hand? Business InsiderTrump signals tit-for-tat China tariffs may be near end; TikTok deal on ice ReutersTrump: China calling ‘a lot' since last week's tariff increase, deal could happen as soon as 3 weeks Fox NewsTrump predicts trade deal with China, vows '100%' chance of EU agreement
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