Peter C. Hoglund for Wealth Enhancement

How will tariffs affect your monthly expenses?

As trade tensions rise around the globe, American consumers are starting to feel the impact. With a new wave of tariffs now in effect, everyday goods are getting more expensive, monthly budgets are being squeezed, and investment markets remain volatile.

But what are tariffs, why are they important, and how much more could you end up paying? Wealth Enhancement shares what you need to know about the real-world impact of tariffs on your expenses and how to respond.

What are tariffs and how will they affect you?

Tariffs are taxes imposed by a government on imported goods. While intended to protect domestic industries, encourage local manufacturing, or rebalance trade relationships, tariffs also come w

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