Prices could rise for certain goods — including gas, cars and groceries — and the economy could tip into recession.

Economists almost universally agree that the tariffs imposed by President Trump will cost the average American household hundreds, if not thousands, of dollars every year in higher goods costs. Why it matters: It's not yet clear those households can,

Here's what the Trump tariffs could mean for you and your family

Donald Trump's tariffs on imports from Canada and Mexico will come into effect on Tuesday - but could Ireland be next?

Already Canada’s administration has announced new tariffs on many US goods including beer, wine, bourbon, fruits, clothing, and household appliances. They will come into effect Tuesday and non-tariff measures could follow. Mexico will announce its plans today.

Donald Trump is the first president to use the International Emergency Economic Powers Act to impose tariffs, teeing up likely legal battles that will test his executive authority.