Some goods, like produce from Mexico and home appliances from China, could get more expensive soon.

Once new levies take a bite out of imports, the currency’s value is likely to grow, making American goods more expensive for foreign buyers.

A January surge in imports will have a negative impact on GDP in the near term. A protracted trade war would drag down economic growth in the long run.

The opaque application process and random approvals confused many. It’s unclear if there will be a formal exclusion process this time.

The impact of tariffs will be uneven.

Companies hope to adjust to tariff threats and remain in global markets, says Sarita Jackson, who supports a bigger role for the WTO.

More than 80% of the flowers sold in the United States are imported, mostly from South America.

Over the weekend, President Trump announced he’d be moving forward with tariffs starting tomorrow. Then, Mexico and the U.S. struck a deal to delay those tariffs for one month as the two negotiate border security.

Sales of U.S. services to other countries help to redress the balance, along with foreign institutions that invest in the American stock market and debt.

Many companies are rushing to stock up and insulate themselves from likely higher import duties under Donald Trump’s second presidency.