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Trump is hellbent on tariffs. Here are 5 implications

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President Trump announced replacement tariffs ranging from 10% to 12.5% on dozens of countries. The tariffs are projected to add about $1,100 in costs per household and could keep inflation pressures high, making it harder for the Federal Reserve to lower interest rates. Businesses that depend on imported goods face ongoing legal challenges and heightened uncertainty.

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Business Trump is hellbent on tariffs. Here are 5 implications July 25, 20265:00 AM ET By Rafael Nam Trump's replacement tariffs continue to put pressure on U.S. economy Listen · 7:00 7:00 Transcript Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/nx-s1-5905692/nx-s1-9862566" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript Trump imposed a new set of sweeping tariffs this week, arguing they will benefit the U.S. economy — and American workers. But there is plenty of signs tariffs will end up hurting many households.

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