A trade war between two nations has led to the imposition of new tariffs. Certain products, including steel and appliances, are now subject to these tariffs. The rates of these tariffs can be as high as 50%.

Some products, such as toilet paper and wood flooring, face the full 50% tariff. The goal of these tariffs is to counter existing tariffs imposed on imports.

Further details about the trade war and its effects are available from the source, KXXV News.