In January, President Trump imposed tariffs on washing machines and solar panels, followed a few months later by steel and aluminum. On July 6, additional tariffs against Chinese products go into effect.
Administration officials say the import taxes are very small compared with the country’s $18 trillion economy and that they will boost domestic manufacturing and investment. Trump has urged patience as the trade war continues to escalate. But what are the impacts of the tariffs that have already gone into effect?
