From breweries to farms, businesses are bracing for higher costs as well as product and supply chain disruptions — and the hits could affect what consumers pay.

Depending on who you ask, tariffs deployed by President Donald Trump are either a response to unfair trade from neighboring countries or a tax increase on working families. Monday, Trump said the tariffs that went into effect Tuesday morning were meant to address the ongoing fentanyl crisis and the deadly drugs that are still flowing across the southern and northern U.

The temporary pauses followed leaders from Mexico, Canada, and China all vowing to take retaliatory action. Start the day smarter. Get all the news you need in your inbox each mor