As Trump's tariff regime becomes clear, Americans may start to foot the bill
1. Trump's new trade deals impose 15% tariffs on EU exports to the US. 2. Consumers may face higher prices due to increasing import tariffs. 3. Average effective US tariff rate now at its highest in nearly a century. 4. Short-term inflation impact estimated at 1.8%, lowering household incomes. 5. Businesses anticipate price increases, creating potential market volatility.