Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Sheryl Estrada

Consumers will bear the brunt of tariff costs, say economists

Aerial perspective of a container port (Credit: Getty Images)

Good morning. Consumer pricing will be top of mind for companies across sectors with the impending rollout of new tariffs. 

President Trump announced late Wednesday a comprehensive package of tariffs, including a broad 10% duty on all imports and a sliding scale of “discount reciprocal tariffs,” which actually are based on trade deficits with each nation. That includes a 34% tariff on goods from China and 20% on those from the EU, plus a raft of other high percentages for Vietnam, Taiwan, Japan, India and Indonesia, Fortune reported. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.