Here's how Trump's tariffs could impact you and your wallet

Tariffs are now in effect on goods from China, and imports from Canada and Mexico could be next (again). Americans are likely to see higher prices on a wide variety of products as a result.

Feb 5, 2025 - 12:15
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Here's how Trump's tariffs could impact you and your wallet
Avocados from Mexico are displayed for sale at a Whole Foods store in New York City on Feb. 3. Trump has put on hold a planned 25% tariff on imports from Mexico.

Tariffs are now in effect on goods from China, and imports from Canada and Mexico could be next (again). Americans are likely to see higher prices on a wide variety of products as a result.

(Image credit: Michael M. Santiago)