Tariffs Go Live as Gas Prices Jump and Trump Hints at Iran Conflict
TL;DR Summary
Trump’s new Section 301 tariffs on goods from more than 80 countries took effect as the national gas price rose toward $4 per gallon; Yale analysis estimates households could pay about $1,100 more annually. In interviews, Trump said he’s not ruling out a full-scale war with Iran if his demands aren’t met, while the Iran conflict continues to constrain inflation and consumer costs ahead of the midterms.
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- US, Iran exchange strikes as Trump mulls wider offensive The Killeen Daily Herald
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