Tariffs Explained How Trumps EverChanging Trade Policy Will Affect You

Image for article Tariffs Explained How Trumps EverChanging Trade Policy Will Affect You
News Source : CNET

News Summary

  • Donald Trump's wide-ranging taxes on imports face scrutiny in court
  • The US Court of International Trade ruled that Trump had overstepped his authority when he imposed tariffs
  • Expect to pay more for at least some goods and services due to the tariffs
  • A tariff is a tax on the cost of importing or exporting goods by a particular country
As Donald Trumps wideranging taxes on imports face scrutiny in court, rates on steel and aluminum have been doubled.James Martin/CNETPresident Donald Trumps secondterm economic plan can be su [+16302 chars]

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