Capitol Report: Here’s when Americans will start feeling the pain from escalating Trump-imposed tariffs

David Becker
Refrigerators, washing machines, lights, auto parts and many other consumer goods could cost more in the fall if the Trump administration’s escalating tariffs caused a full-blown trade war. Rising inflation could be another symptom.

Very few Americans have paid a price from escalating U.S. tariffs, but if trade fights get worse, the first big bill will come due shortly after the school year starts.

An initial blast of tariffs, mostly targeting $50 billion in Chinese goods, was tailored by the Trump administration to minimize the damage to the U.S. economy. Consumers or businesses could more easily find substitutes for goods whose prices would rise due to higher U.S.

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