Trump has launched an all-out trade war. Here’s the latest on what’s happening with tariffs — and what it all means for your wallet.

Key Takeaways U.S. drivers will feel the impact of Trump's auto tariffs in their pocketbooks over the coming years, according to several analyses.Prices for imported cars could rise as much as $15,000 for a $60,

About 38% of U.S. imports from Canada fall under the USMCA ‒ a free trade deal Trump signed in 2019 ‒ meaning about 62% of goods from Canada will still be subject to tariffs, the Trump White House said. About 50% of imports from Mexico fall under the agreement, so about half of Mexican imports will be subject to the tariffs.