Why Did Trump Impose Tariffs, and What's Next? Everything to Know.
1. President Trump announced sweeping tariffs on most imports globally. 2. A 10% base line tariff will affect nearly all U.S. imports. 3. Economists predict tariffs will slow economic growth and increase consumer costs. 4. Trump claims tariffs will reverse unfair global trading practices. 5. Markets experienced significant turmoil following the tariff announcement.