Trump's Tariffs: Impact on Your Wallet

President Trump has put new taxes on things we buy from other countries. These taxes are called tariffs. They make things cost more money.

When companies have to pay more for things they buy from other countries, they often make customers pay more too. This means many things we buy every day might cost more.

Some people worry that these new taxes will make life harder for people who don't have much money. They might have to pay more for food and other things they need. Some people might even lose their jobs if companies have to spend more money on these taxes.