Specter of tariffs leaves consumers leery of costs

With US President Donald Trump's signing of a memo on Thursday that could lead to tariffs on up to $60 billion of goods imported from China, China's Ministry of Commerce unveiled plans Friday to impose tariffs on up to $3 billion worth of products from the United States to make up for losses caused by US tariffs on Chinese steel and aluminum products. The list tentatively contains seven categories and 128 products. Many in the US are gauging what the impact will be.