Watch: Another day, more Trump tariffs - but are they working?

July 24, 2026

President Trump has implemented another round of import tariffs during his second term in office, continuing a policy focus that has dominated headlines. The BBC's Samira Hussain examines the economic impact of these trade taxes on American consumers and businesses. Analysis suggests that American households are experiencing approximately 1.

Who is affected

US households (paying approximately 1.5% more)
American consumers (bearing costs)
The broader US economy

What action is being taken

President Trump is implementing tariffs (another raft of import taxes has just come into force)
The BBC's Samira Hussain is explaining and analyzing the tariff effects

Why it matters

The tariffs are significantly impacting the US economy and directly affecting household finances through increased costs. Understanding who pays the price for these import taxes and whether they achieve their policy objectives is crucial for evaluating the effectiveness of this major trade policy during Trump's second term.

What's next

No explicit next steps stated in the article

Read full article from source: BBC