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.

President Donald Trump is using a trio of executive orders to throw the world economy and his own goal of cutting inflation into turmoil

One of the justifications Trump has given for imposing tariffs on countries is they have a trade surplus with the US - in other words they sell more to the US than they import from America. He has claimed these trade surpluses amount to "massive subsidies that we're giving to Canada and to Mexico".

President Donald Trump’s tariff plan could take effect as early as this week, which means you could soon pay more for cars, food and everyday items.

President Trump delayed his tariffs on Mexico for a month. Randy Carr, the CEO of Florida-based company, World Emblem, joins José Díaz-Balart to break down how the tariffs would impact his business.