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Explained in plain English

Will my shopping cost more?

When countries put tariffs on imports, it usually means the goods become more expensive for consumers. If German companies are holding back on investing in the US because of potential tariffs, it could lead to higher prices for American-made goods, or for goods imported into the US. For UK shoppers, this might indirectly affect prices if supply chains shift.

Stories that explain this

German businesses drop their American investments by nearly two-thirds under Donald Trump Trump calls Canada a 'state' as US-Canada trade war begins Trump hits Canadian wine and hockey sticks with 50% tariffs

Related explainers

Why do countries use tariffs? What are tariffs? How does this affect the UK? Why do businesses hesitate? Why is the canal so important? How does the canal work? What is forced labour? Global trade tensions rise?

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