Later in the day, Trump told reporters aboard Air Force One that he would soon announce tariff rates for chips, semiconductors and pharmaceuticals, also promising that tariffs would be restored fo ...

Later in the day, Trump told reporters aboard Air Force One that he would soon announce tariff rates for chips, semiconductors and pharmaceuticals, also promising that tariffs would be restored fo ...

Despite earlier claims from the Trump administration that its tariffs wouldn't cause economic hardships for consumers, price hikes and warnings of future price hikes have become increasingly common.