President-elect Donald Trump claims he can unilaterally impose sweeping tariffs on U.S. imports. The reality is more complicated, according to trade experts.

It’s unlikely that tariffs can raise a meaningful amount of revenues that somehow shrink the federal deficit — that would have to come from spending cuts. Are tariffs a solution or a risky gambit? The new trade tariffs likely under “Trump 2.

Donald Trump says foreign nations will pay the costs of tariffs he imposes, but usually it's U.S. consumers who pick up the tab.