Here s how Trump s trade war could impact your wallet

Get the Full StoryTrump s trade war, with new tariffs on Canada, Mexico, and China, could impact the prices of groceries, alcohol, cars, homes, and more.

The U.S. has entered a trade war. Donald Trump s decision to impose 25 tariffs on goods from Mexico and Canada, as well as a 20 tariff on Chinese goods, could have wide-reaching and long-lasting impacts on the bottom line of millions of Americans. These follow reciprocal tariffs, where the U.S. matches the tariffs other countries charge for imported U.S. goods, imposed last month by the White House. Canada and China have already retaliated with tariffs of their own.

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