Under former President Donald Trump, U.S. tariffs have soared to their highest level in nearly 90 years, averaging 18%. This increase in import costs raises questions about the financial burden on American households and the broader economic implications.

Manufacturers and service-sector companies alike are pondering increased costs due to President Trump's tariffs and how it will impact their ability to make money.

President Donald Trump. After Mattel Inc. warned of price increases earlier this month and said making toys outside the U.S. served consumers’ pocketbooks better, Trump floated the idea of a 100% tariff on the toy maker.

A former Republican political strategist has mocked President Donald Trump, saying he is having his “Marie Antoinette moment” on tariffs. MSNBC‘s The Weeknight hosts spoke Monday night with political strategist Lucy Caldwell,

President Trump and British Prime Minister Keir Starmer announced a new trade agreement. Other countries, including China, remain open to negotiating with the U.S., but some of the tariffs are having real impacts on American businesses and their supply chains.

That was the result of President Donald Trump’s “reciprocal” tariff hikes on China since April 2, which rose as high as 145%, on top of a 25% tariff on certain goods from his first term. Had the shipment arrived a day later,

In fact, according to the FDA, more than 200 countries and territories supply approximately 32% of the fresh vegetables and 55% of the fresh fruit that we consume in the U.S. "So if these categories are subject to tariffs, consumers can expect prices to go up – and relatively quickly as these things are perishable," McGrath says.

While many consumers are feeling the impact of the tariffs put in place by the Trump administration several weeks ago, those who deliver the goods say they're seeing effects as well.

Thanks to Trump's tariffs, prices for guitars and other instruments are about to go up. That's bad news for beginners and experienced musicians.

Finance Minister François-Philippe Champagne is leading three days of meetings with top finance officials from the world's largest economies, where tariffs are set to dominate.

St. Louis Fed president Alberto Musalem said that even after President Trump's 90-day trade truce with China, tariffs at their current levels could have a 'significant' impact on the economy in the short term.