Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs on most goods that come in to America will deliver a taxing blow to consumers via higher prices.

Explore our tariff tracker to see the latest rates for Brazil and seven other nations impacted by Trump's new trade policies.

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The latest on President Trump's tariffs on America's trading partners, the effects on the U.S. economy and how other nations are responding.

European markets opened lower on Friday, snapping a four-day winning streak, as investor sentiment weakened amid renewed concerns over global trade tensions. The Stoxx Europe 600 index was down 0.46%, with all sectors except oil and gas and insurance trading in the red.

Sui (SUI) experienced a significant price increase this week, climbing over 43% to $3.3300, driven by a bullish Grayscale report highlighting its technological advantages and strong ecosystem performance.

A classic economic indicator is flashing red but not for the usual reasons. On Tuesday, the day after rolling out blanket tariffs on a slate of countries, President Trump said the US would put a 50 percent tariff on copper. Prices for the metal surged more than 10% to an all-time high.

“Businesses have been eating up the higher prices that it takes to import these products, but of course, businesses cannot do that forever, and they certainly won’t be able to do that if tariffs go up any higher,” South Dakota State University economics professor Evert Van der Sluis said.