Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.

Many of President Donald Trump's proposed tariffs are on hold for now, but if they do go into effect, triggering a trade war between the U.S. and its biggest trading partners, they will raise prices for American consumers.

China is warning that it is ready for any "type" of war with the U.S. in response to President Donald Trump's tariffs against the communist nation.