Trump administration's tariffs causing concern for American households, China retaliates with 125% tariff increase.

From Yahoo Finance: 2025-04-23 15:43:00

The Trump administration’s tariff policy has been making waves, with Americans worried about the impact on daily expenses. China has retaliated with a 125% duty increase. The Center for American Progress estimates the average household will pay $4,600 more annually due to tariffs. To mitigate these effects, consider adjusting your budget and seeking financial advice.



Read more at Yahoo Finance: 5 ways to tariff-proof your finances