Trump tariffs persist, impact on economy and wallets

Trump's tariffs are entering a new phase and are likely to stay for a long time, with a legal restructuring to keep them in place after previous legal problems.

The latest tariffs range from 10% to 12.5% on imports from more than 80 countries, covering 99.4% of all US imports under Section 301.

Tariffs have increased new vehicle prices by $1,600 to $9,000 this year, according to Kelley Blue Book.

Federal Reserve economists estimate tariffs increased core goods prices by about 3.1% through February.

Further tariff actions are planned in coming months, keeping pressure on prices and supply chains for imported goods.