The White House is ramping up tariffs again and this time your favorite pasta product could get caught in the crossfire. A separate tax on copper imports is already being felt.
Breakdown
- The Trump administration has imposed a 91% tariff on Italian pasta imports. 16s
- European leaders are calling for a unified response to the new U.S. tariffs. 26s
- Economists warn that pasta prices in the U.S. could rise due to the tariffs. 44s
- A separate 50% tariff on copper imports is causing shortages and higher prices for electrical equipment. 1m 7s
- The White House argues that tariffs are strengthening the U.S. economy and can be offset by domestic supply. 1m 19s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.