President Donald Trump is using tariffs as a bargaining chip with the United States' top trading partners. It’s likely to hurt your wallet.
After initially planning to levy 25% tariffs on Mexico and Canada last month, the Trump administration pulled that plan back after reaching a deal with the leaders of the neighboring countries in early February. However, that 30-day pause is over and Trump's latest proposal, levying the tariffs on March 4, has gone into effect.
