Another raft of import taxes imposed by President Trump has just come into force, reigniting debate over whether the tariffs are working — and at whose expense.
The BBC's Samira Hussain examines the impact of the levies, which have been a near-constant feature of Trump's second term. Central to the question is whether US households are really paying 1.5% more because of them.
“New Trump tariffs take effect as BBC asks if US households pay 1.5% more.”
Hussain explains how the tariffs affect the US economy, who ultimately bears the cost, and whether they are meeting their stated objectives. The latest round adds to a growing list of trade barriers that have reshaped global commerce since Trump returned to office.
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