How the ‘Trump sales tax’ would send shipping rates soaring and affect your wallet

Retail experts say Trump’s plan to hike tariffs on imports would accelerate inflation and make cargo rates skyrocket.

U.S. presidential contender Donald Trump’s plan to hike tariffs on imports if he is elected back to the White House in November would send cargo rates soaring and accelerate inflation, just like it did during his 2017-21 term, shipping and retail experts said.