President-elect Donald Trump vowed during his presidential campaign he would impose new tariffs on all imported goods, altering the trade relationship the United States has with its biggest trading partners,

Economists say the tariffs would act like a tax on American consumers, raising prices on any number of products. "We typically think as a rule of thumb that about 75% of the tariff will be passed onto consumers," MIT economics professor Christopher Knittel ...

Prices could go up for items brought into the U.S. from Mexico, China and Canada if President-elect Donald Trump keeps his promise to impose tariffs on several countries once he takes the White House.