Tariffs can raise consumer prices, disrupt supply chains, and impact business costs. UC Davis experts explain how these trade barriers influence inflation, employment, and overall economic growth in a global market.
Browsing: import tariffs
Tariffs imposed under former President Trump continue to impact American consumers, driving up prices on everyday goods. As import costs rise, businesses and families are bearing the financial burden long after the policies took effect.
US importers are increasingly relying on customs brokers to manage complex Trump-era tariffs, absorbing added costs to ensure compliance and avoid delays, according to a Reuters report.