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GOBankingRates
GOBankingRates
Gabrielle Olya

I’m an Economist: Here’s When Tariff Price Hikes Will Start Hitting Your Wallet

Donald Trump
Kobus Louw / iStock.com

A blanket 10% reciprocal tariff issued by President Donald Trump took effect April 5, with more slated to roll out on Aug. 1. So far, prices haven’t surged — but that’s likely to change.

Find Out: Trump Wants To Replace Income Taxes With Tariffs: 2 Impacts on the Middle Class

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