President Donald Trump’s sweeping new tariffs, on top of previous levies and retaliation worldwide, are expected to increase prices for everyday items. Local Southern California business owners are worried about the effects it could have on business and prices.
The trade wars have already roiled financial markets and plunged businesses into uncertainty — all while economists warn of potentially weakened economic growth and heightened inequality.
KTLA's Shelby Nelson reports April 4, 2025.
Details: https://www.newsnationnow.com/politics/ap-politics/ap-how-trumps-latest-tariffs-could-affect-your-wallet/
https://ktla.com/news/markets-plunge-with-sp-500-down-6-and-dow-down-2200-after-china-retaliates-against-trump-tariffs/v