Caleb Hoke

2 months ago | scrippsnews.com | Kadia Aretha Tubman |Cameron Couvillion |Caleb Hoke

President Donald Trump has threatened to place tariffs on multiple countries, including close trading partners Mexico and Canada. But experts worry about how these hefty tariffs — which are taxes paid by importing companies, not foreign nations — will impact the average US online shopper. Personal finance expert Matt Schulz at LendingTree says US consumers have come to increasingly rely on e-commerce. “So many people did most if not all of their holiday shopping online,” said Schulz.