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What might Trump's matching tariffs do?

Taxes on imports could soon go up, as President Donald Trump signed a measure to have tariff rates match what other countries charge. Higher tariffs under current law would be paid by Americans, either directly or in the form of higher prices. 
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Source name: 
The Associated Press
Unique identifier: CP174160347 
Legacy Identifier: cd825bf49c1a43abae9ac3cfde15569f 
Type: Video 
Duration: 39s 
Dimensions: 1920px × 1080px     48.14 MB 
Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited. 
Create Date: 2/13/2025 9:43:21 PM 
Display aspect ratio: 16:9