On April 2nd, President Donald Trump introduced staggering new tariffs on imports from dozens of nations that would increase the value of virtually every thing you purchase.
These tariffs are along with those he imposed earlier this yr on items from a number of the US’s largest commerce companions: Canada, Mexico, and China. Trump positioned these tariffs as a technique to “halt the flood of toxic medicine into america,” referring to fentanyl. Even at the moment, it was clear the change might have a huge impact on the price of all kinds of products imported from every nation, together with electronics, produce, clothes, and far more.
Right here’s all the newest information on Trump’s tariffs.