Ready for higher prices? American companies now paying for Trump tariffs

It is day 200 of the second Trump administration and Donald Trump's tariff regime is now officially in place. He has been celebrating since late last night. Just before midnight, he posted that billions of dollars, quote, largely from countries that have taken advantage of the United States for many years will start flowing into the United States. Then just after midnight, he posted, "Billions of dollars in tariffs are now flowing into the United States of America." Well, today Commerce Secretary Howard Lut ...