Trump Proposes Up to 20% Tariffs, Raising Costs for American Families

Experts warn that the expanded tariffs could lead to higher prices and a potential global trade war.

Trump's new economic plan suggests tariffs between 10% and 20% on imports, doubling previous proposals.
Analysts estimate the tariffs could increase annual costs for typical American families by $3,900.
Economic experts caution that the tariffs may harm the U.S. economy, reducing jobs and output.
The proposed tariffs are part of Trump's broader strategy to address inflation and bring production back to the U.S.
Critics argue the tariffs will ultimately act as a tax on American consumers, raising prices on everyday goods.