Five Products To Be Hit By Trump's Incoming Tariffs

Source: International Business Times

Coffee is among the many products imported to the United States that face steep potential tariffs AFP The United States is set to raise tariffs on dozens of trading partners Friday if they fail to reach accords with President Donald Trump to avert the higher rates, and this risks raising prices for consumers. Economists have warned that steeper US tariffs, paid for by importers of foreign products, could add to business costs and trickle down to households. The risk is a dampening of consumption -- a key driver of the world's biggest economy.