New Trump tariff's impacting U.S. ports, raising prices

America is preparing for more Trump tariffs to raise prices even higher, including port cities. Jenna Katsuyama has more from the Bay Area tonight. The Trump administration's latest round of tariffs brings more waves of uncertainty and is shaking the U.S. economy already burdened with inflation. The cost of everything that is imported, and we're looking at well over 90 percent of U.S. imports being covered by this, is going to be more expensive because of the tariffs. Sean Randolph with the Bay Area Council says those increased costs are likely to be passed on to consumers. It basically ensures that prices of anything imported will be elevated by 10 to 15 percent or so, and it introduces more uncertainty for importers. Everything more expensive, food, our materials for construction, lumber, everything, you know. Big, big difference than before. I mean, and that, yeah, yeah, it does affect us. The Trump administration imposed the tariffs Friday on 60 trading partners, ranging from 10 to 12.5 percent. Those who have a prohibition don't really enforce it, so we're not going to tolerate that anymore. We're going to have a level playing field and we're going to try to get rid of forced labor in the world. If you really believe some country is importing goods from forced labor, some Asian country, some African country or whatever, you go after those particular products. To use this as a blanket tariff against all products really is not justifiable. But that could be true for the United States as well, because sometimes people have supply chains that turn out to have forced labor in those supply chains. Experts say the new tariffs come after the U.S. Supreme Court ruled that Trump's initial tariffs, purportedly for national security, were unjustified. Trump's temporary tariffs expired Friday. Now some countries said the forced labor argument is unfounded and issued warnings to the U.S. We oppose all kinds of unilateral tariffs. A tariff war or trade war is in no one's interest. This imposition of higher tariffs on Australia is completely unjustified. And we will continue to lobby the United States trade representative to remove all tariffs on Australian goods. The Trump administration says there are exemptions on key imports like oil and gas.