How Trump's new tariffs could affect your wallet
NBC Newsยท2025-08-01 20:26
Trump's big tariff deadline day has finally arrived, but people around the world are still confused. Here's what you need to know. Which countries will be hit the hardest and which made out okay.Most of the countries getting the lower tariff rates are smaller countries that we don't do much trade with. While some of our biggest trading partners are at risk of major tariff increases, there'll be a 25% tariff on goods from India, 50% on Brazil, 35% on some goods from Canada, and it's still unclear what will h ...