Advocates and economists are warning of a potential ripple effect on food affordability for low-income households.

After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”

Instead, view your investments as part of a long-term strategy that will overcome market corrections, grow and support retirement.”  What the Trump administration means for your wallet: Sign up for USA TODAY's Daily Money newsletter.

The new tariffs announced by President Trump have many concerned about the impact they could have on the prices of everyday items, specifically groceries.

After several years of consistent mortgage rate increases and soaring home prices, the prognosis for the 2025 housing market seemed promising at the start of the the year. However, recent economic and political instability has cratered consumer confidence and homebuyer optimism.

Economists told Newsweek it could take years or decades for Americans to know if Trump's tariffs achieved their goals—if they ever do.

Lawmakers have already started state budget conversations and are navigating estimates that show a decrease in Iowa's revenue. That means there's a good chance

The exemption may be short-lived if President Trump makes good on threats to use tariffs as leverage to bring drug production back to the United States.

"Pre-orders for Nintendo Switch 2 in the U.S. will not start April 9, 2025 in order to assess the potential impact of tariffs and evolving market conditions," according to a company statement. "Nintendo will update timing at a later date. "