President Donald Trump has today confirmed a roll-out of 10 percent tariffs on almost all imports to the US.
They're much higher for some countries and products - including 25 percent on vehicles, 34 percent on China, and nearly 50 percent on some other countries.
Republican strategist Jeanette Hoffman says domestically, Trump is taking a major political risk.
"If prices go up, we hit a recession - that will be bad news. Frankly, he was elected because of inflation."
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