Where does the money collected from tariffs go? How soon will prices rise for consumers? What tariffs are other countries charging on U.S. goods?

Residents of South Jersey and the rest of the U.S. may soon pay more for coffee, clothing and more under new tariffs announced this week by Trump.

President Trump announced a sweeping new set of tariffs. It includes a 10% baseline tariff on almost all imported goods coming into the United States. While rates are higher for countries who have a higher trade deficit with the U.