does the #TrumpTariffs will effect
Increased Costs for Importers
Tariffs make imported goods more expensive. Businesses that rely on foreign materials or products must either:
Pay more (reducing their profit margins),
Raise prices for consumers, or
Look for alternative (often less efficient) suppliers.
Example: A U.S. electronics company importing components from China now pays more, which could increase the final price of products like smartphones or computers.