How Trump's new round of tariffs could impact businesses and consumers

Markets showed little immediate reaction to President Trump's new tariffs targeting "forced labor" concerns, but businesses and consumers could face longer-term consequences. These tariffs could increase costs for businesses that rely on imported goods, potentially leading to higher prices for consumers. While the markets remain stable, ongoing tariff escalations raise questions about the broader economic impact and the potential for retaliatory measures from other countries. This move underscores the ongoing tension in global trade relationships and could have significant implications for both domestic and international markets.