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Trump unveiled 10% across-the-board tariffs, and even higher levies on a swath of countries including Japan, Europe, South Korea and Vietnam. The new levies on China will push up the costs of many goods from that country—from toothbrushes to televisions—by more than 50%. The 10% tariffs kick in on April 5 and the higher rates on April 9.
“It reminds me of trying to manage during Covid,” said Austin Ramirez, chief executive of Husco, which makes parts for automakers and other manufacturers. “The managerial time-suck that Covid was, this strikes me as the same thing.”
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