President-elect Donald Trump vowed during his presidential campaign he would impose new tariffs on all imported goods, altering the trade relationship the United States has with its biggest trading partners,

Economists say the tariffs would act like a tax on American consumers, raising prices on any number of products. "We typically think as a rule of thumb that about 75% of the tariff will be passed onto consumers," MIT economics professor Christopher Knittel ...

DETROIT (AP) — If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation.