Here's how tariffs could affect the price of goods like shoes and sweaters

  • The true "cost" of tariffs is difficult to determine, but models from consultancy group AlixPartners show common imported items could cost a lot more under President Donald Trump's trade policies. Estimates from the firm show sweaters and footwear from China and Vietnam would cost significantly more under both current tariff policy and suspended "reciprocal" duties, if retailers pass the full cost onto consumers.