President Donald Trump has sent letters to a handful of countries this week outlining higher tariffs they'll face if they don't make trade deals with the U.S. by Aug. 1. Some of these import taxes mirror the same,

It's a sign that a president who has openly expressed his love for the word “tariff” is still infatuated with the idea that taxing trade will create prosperity for America. Most economic analyses say the tariffs will worsen inflationary pressures and subtract from economic growth,