How Trump's Tariffs Will Impact Your Wallet: What You Need to Know
2025-01-23
Fortune on MSN.com
The introduction of Trump's tariffs is expected to have far-reaching consequences, with sectors like machinery and electronics likely to experience the most significant changes. As a result, consumers can anticipate price hikes across the board, making everyday items more expensive. With the full extent of the tariffs' impact still unclear, one thing is certain: your wallet will likely take a hit. Key areas to watch include trade policy, import duties, and consumer goods, all of which will be affected by the new tariffs. As the situation continues to unfold, staying informed is crucial to navigating the changing economic landscape.
