Trump’s tariffs may be targeted at others — but they could impact you too

For decades, global commerce abided by tariff rates agreed to by the U.S. and 122 other countries during the 1980s and 1990s. On Wednesday, Trump detonated that arrangement.

The new tariffs, coming on what Trump has named “Liberation Day,” are a bid to boost U.S. manufacturing and punish other countries for what he says are unfair trade practices.

It was a week that saw not only more twists in the tariffs saga but also Trump's big Hill address, the suspension of aid to Ukraine, more firings at agencies, and more.