The 25% tax that President Donald Trump plans to slap as soon as Saturday on imports from Canada and Mexico could drive up the price of everything from gasoline to pickup trucks to the guacamole dip that features so

Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to particular consumer products or commodities.

U.S. President Donald Trump on Friday acknowledged that tariff costs are sometimes passed along to consumers, and said his plans to impose tariffs may cause a short-term disruption. But the Republican president told reporters in the Oval Office that he was not concerned about the reaction of financial markets to his plans to impose tariffs on Feb.