Consumers brace for impact of China tariffs

FILE - Shoppers pass displays of goods in a Costco warehouse, Feb. 25, 2024, in Sheridan, Colo. The Trump administration will implement 25% tariffs on Mexican and Canadian goods and a 10% tariff on all Chinese imports on Feb. 1, 2025. FILE - Employees work on a production line making lithium battery products at a factory in Yichang, China, May 28, 2019. The Trump administration will place a 10% tariff on all Chinese imports Feb. 1, 2025. (Reuters/Stringer) FILE - Workers sort avocados at a packing plant in Uruapan, Mexico, Nov. 27, 2024. The Trump administration will levy a 25% tariff on Mexican goods coming into the U.S. on Feb. 1, 2025. FILE - People buy groceries at a Walmart Superstore in Secaucus, N.J., July 11, 2024. FILE - Bottles of canola oil made by Canadian agribusiness firm Richardson International are seen on a store shelf in China, March 6, 2019. The Trump administration will be implementing 25% tariffs on Canadian goods coming into the U.S. on Feb. 1, 2025.

White House press secretary Karoline Levitt announced Friday that President Donald Trump would be implementing 25% tariffs on Mexican and Canadian goods and a 10% tariff on all Chinese imports on Saturday.