Donald Trump announces tariffs that could raise the price of almost everything you buy

is platforms and communities reporter with five years of experience covering the companies that shape technology and the people who use their tools. At an event in the Rose Garden on Wednesday, Donald Trump unveiled a new set of planned tariffs that are being described as “short-sighted,” and having “no basis in logic,” and being compared to Great Depression-era policies. Holding a giant poster board blowing in the wind, Trump announced staggering new taxes on products coming into the US from abroad. Among the 60 countries listed, tariff rates ranged anywhere from 10 percent to nearly 50 percent: 34 percent for China, 46 percent for Vietnam, 20 percent for the EU, and 49 percent for Cambodia, among others. The US is the world’s biggest importer, bringing in trillions of dollars of goods every year. Relatively little is produced in the US, and the eye-watering taxes will impact supply chains across industries: tech products and gadgets, clothing, food, automobiles, and more. Seeing so ... Read full article.