emergencyBreaking NewsMortgage Rates Dip as Global Tensions Ease, but 'Lock-In' Effect Inhibits RefinancingA three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed marketFundstrat Predicts S&P 500 Target of 7,300 as Sector Repricing Limits Pullback DepthStrong corporate earnings and investor skepticism keep markets from collapsing during Middle East crisisA rate cut is expected, but the data may force the ECB to holdMortgage Rates Dip as Global Tensions Ease, but 'Lock-In' Effect Inhibits RefinancingA three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed marketFundstrat Predicts S&P 500 Target of 7,300 as Sector Repricing Limits Pullback DepthStrong corporate earnings and investor skepticism keep markets from collapsing during Middle East crisisA rate cut is expected, but the data may force the ECB to hold

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Home/Briefs/trade policy

BriefApril 11, 2026 · 02:18 AM

Tariffs are eroding Social Security raises for retirees

Nearly 1 in 3 retirees are cutting essential expenses like groceries to offset annual household costs that have risen by $450 to $600. This increase is the result of President Donald Trump's tariffs on imported goods, which require businesses to pay a tax at the border. Those businesses then pass the costs to consumers through higher prices. For retirees on fixed incomes, these costs are drawn directly from grocery budgets, eroding the value of the $56 monthly increase in Social Security retirement benefits for 2026.

Drew Blackwood

trade policyconsumer pricesretirement planning

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