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The tariffs could strain supply chains, add costs for U.S. consumers and test diplomatic ties.
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The New York Times

March 4, 2025, 10:02 a.m. ET

BREAKING NEWS

Rory Doyle for The New York Times

Markets Fall After New Trump Tariffs Prompt Retaliation

China and Canada immediately announced retaliatory tariffs, and Mexico said it would announce its own measures on Sunday. The tariffs could strain supply chains, add costs for U.S. consumers and test diplomatic ties.

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A chart showing the share of Americans who expressed support for tariffs in polls conducted this year. The percentage ranges from 29 percent to 56 percent.

Here’s how Americans feel about tariffs. →

A key interest rate fell, but not for the reasons President Trump wanted. →

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