US EditionCoffee, beer, steel: Baltimore companies face steep Trump tariffs
- U.S. President Donald Trump announced a new baseline 10% tariff on imports effective April 5, impacting all countries including traditional allies such as Vietnam, which faces a 46% tariff.
- Economic expert Alex Jacquez stated that Trump's tariffs are lowering consumer confidence and hurting consumer sentiment, leading to a pullback in spending as consumers fear uncertain financial futures.
- Ryan Hawkins, manager of Roger Wilco stores, noted struggles in importing international products due to the tariffs, affecting availability and options for customers.
- Vietnam will face a 46% tariff, while countries like China, South Korea, and Japan face higher tariffs ranging from 24% to 34%.
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Financial TimesReposted by 
Jingletree
JingletreeUS coffee drinkers in for double shot of pain from tariffs
Beans and chocolate prices set to rise as a result of new levies
·London, United Kingdom
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Coverage Details
Total News Sources48
Leaning Left6Leaning Right2Center16Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 25%
C 67%
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