Australian Prime Minister Anthony Albanese said on Thursday the decision by U.S. President Donald Trump to impose a 10% tariff on its ally was "not the act of a friend," but ruled out reciprocal tariffs against the United States.

Where does the money collected from tariffs go? How soon will prices rise for consumers? What tariffs are other countries charging on U.S. goods?

Residents of South Jersey and the rest of the U.S. may soon pay more for coffee, clothing and more under new tariffs announced this week by Trump.