President Donald Trump has moved forward with a plan to put sweeping tariffs on all goods coming into the United States from Canada and Mexico, threatening a trade war with its closest trading partners — and higher prices for Americans on thousands of consumer goods.

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

In the hours after implementation of the new levies, leaders from Mexico, Canada, and China all vowed to take retaliatory action. U.S. stocks seemed to respond, opening lower for