Reported 1 day ago
President Trump's recent tariffs have affected countries worldwide, leaving many, including poorer nations like Laos and Algeria, facing high export taxes. While some countries have complied with Trump's demands to avoid harsher penalties, the consequences of these tariffs are widespread and complex. Even those seen as winners, such as the U.K. and Japan, are paying significantly higher rates than before. Economists warn that U.S. consumers will ultimately bear the cost, with rising prices on everyday items, making the average American a significant loser in this trade conflict.
Source: YAHOO