On both the left and the right, critics of President Donald Trump's steep new tariffs keep hoping that he will give up on the idea. But on Thursday, July 10, Trump threatened to impose a 50 percent tariff on all Brazilian goods imported into the United States as well as a 35 percent tariff on Canadian imports . In an article published on July 11 , The Atlantic's Annie Lowrey warns that for American consumers, the wise thing to do in response to Trump's latest threats is start budgeting ASAP. "You might have forgotten about the trade war," Lowrey explains, "but the trade war has not forgotten about you. This week, Donald Trump reignited the global financial conflict he started in January, sending letters threatening new tariff rates to nearly two dozen countries.… Additionally, Trump warned he would slap tariffs on goods from any country 'aligned' with the 'anti-American policies' of China, India, and other industrial powerhouses — no furt...