A Peterson Institute for International Economics study estimated the saved jobs came with a high price for American consumers: $1.1 billion in aggregate higher prices in 2011 alone. When Chinese ...

Consumer beliefs affect retail sales, said Menzie Chinn, a professor in the economics department at the University of Wisconsin. He notes that policy uncertainty can shake the economy.

GRAPHICS. Import tariffs. ... Oxford Economics, a global economic forecasting company, estimated Wednesday night that inflation could rise to almost 4% this and growth slow to 1.4%.