President Trump is calling it “Liberation Day”—a bold move to rewire global trade with sweeping new tariffs, including a 34% penalty on Chinese imports and 20% on the European Union. The goal? Level the playing field for American workers. But while the White House frames it as economic independence, economists are already bracing consumers for higher prices. From fruit at your local Dairy Queen to supply chain costs for small businesses, the ripple effects may land closer to home than you think.
Ryan McNamara with InForum has the full story on how Washington trade policy is likely to wash up in North Dakota.