Taxes on imports could soon go up, as President Donald Trump signed a measure to have tariff rates match what other countries charge. Higher tariffs under current law would be paid by Americans, either directly or in the form of higher prices.

What might Trump’s matching tariffs do?

Taxes on imports could soon go up, as President Donald Trump signed a measure to have tariff rates match what other countries charge. Higher tariffs under current law would be paid by Americans, either directly or in the form of higher prices.