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Live from NPR News in Washington, I'm Windsor Johnston.
The first wave of President Trump's new tariffs takes effect today, targeting imports from Canada,
a day after he signed an executive order imposing new duties on nearly 70 countries.
Most others begin on August 7th.
Mexico is still in negotiations with the administration.
NPR's Danielle Kurtzleben reports on what this could mean for trade partners and U.S. consumers.
He's getting what he wants, but it's not clear that what he wants is good for the U.S. economy.
As one economist told me yesterday.
Tariffs are modestly weakening the economy for no good reason.
It might not drag us into a recession,
but it certainly seems like it might raise prices, slow things down.