Arizona businesses, consumers brace for new tariffs starting Wednesday

President Donald Trump’s new tariffs are scheduled to go into effect on Wednesday and some economists and critics are calling them new taxes. At the state capitol, two legislators who are Trump supporters declined to say if they believe Trump’s tariffs are actually tax increases. The White House estimates it will raise about $6 trillion over the next 10 years.

President Donald Trump’s new tariffs are scheduled to go into effect on Wednesday and some economists and critics are calling them new taxes. At the state capitol, two legislators who are Trump supporters declined to say if they believe Trump’s tariffs are actually tax increases. The White House estimates it will raise about $6 trillion over the next 10 years.