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How Trump's latest tariffs could affect your wallet

  • President Trump announced new sweeping tariffs, impacting nearly all U.S. Trading partners.
  • Trump claimed tariffs would protect domestic industries and increase federal revenue streams.
  • These tariffs, with a baseline of 10%, increase import tax rates to levels unseen since 1910.
  • Economist Josh Stillwagon stated, "It is going to affect everything in the economy."
  • Experts warn that consumers will likely face higher prices and potential economic consequences.
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How Trump's latest tariffs could affect your wallet

Steeper tariffs mean you’ll likely see higher prices from the grocery aisle to your next car repair.

·United States
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logistik-heute.de broke the news in on Thursday, April 3, 2025.
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