How Trump’s proposed tariffs could impact prices and your wallet

President Trump is fulfilling a campaign promise to impose major tariffs on Canada, Mexico and China that economists say will likely raise the price you pay on a number of items. NBC’s Christine Romans joins TODAY to break down what it means for your wallet.

Feb 1, 2025 - 17:02
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How Trump’s proposed tariffs could impact prices and your wallet
President Trump is fulfilling a campaign promise to impose major tariffs on Canada, Mexico and China that economists say will likely raise the price you pay on a number of items. NBC’s Christine Romans joins TODAY to break down what it means for your wallet.