What are tariffs, why is Trump using them, and will prices rise?

Tariffs are a central part of Trump's political vision, but economists warn they could put prices up.

British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveAudioHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingVideoLiveLive NewsLive SportAudioPodcastsRadioHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveAudioWeatherNewslettersWhat are tariffs and why is Trump using them?1 day agoGetty ImagesUS President Donald Trump has announced a 25% tariff on all steel and aluminium imports.

He has already introduced a 10% tax on all products from China - which has responded with its own measures - and has threatened to introduce tariffs on products from Canada and Mexico.

Trump says tariffs will boost the US economy and "protect" the country from illegal immigration and the flow of drugs.

Tariffs are taxes charged on goods imported from other countries.

The companies that bring the foreign goods into the country pay the tax to the government.

https://www.bbc.com/news/articles/cn93e12rypgo

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