American Businesses Brace for Impact of Trump’s New Tariffs
American businesses are bracing for the impacts of President Donald Trump’s new tariffs, the highest in nearly a century, but it’s not clear when prices could rise and the full impact will be felt. The Yale Budget Lab estimates the tariffs will cost a typical household as much as $2400 this year. NBC’s Gabe Gutierrez reports for TODAY from the White House.
American businesses are bracing for the impacts of President Donald Trump’s new tariffs, the highest in nearly a century, but it’s not clear when prices could rise and the full impact will be felt. The Yale Budget Lab estimates the tariffs will cost a typical household as much as $2400 this year. NBC’s Gabe Gutierrez reports for TODAY from the White House.
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