00:00Brace yourself. Your daily coffee, favorite shirt, and even your smartphone could soon cost a lot more.
00:06Starting Friday, President Trump is planning steep new tariffs on countries that don't strike deals with the U.S.,
00:12and its consumers who could end up paying the price.
00:15First up is coffee. The U.S. imports nearly all of it.
00:18Brazil alone supplies over 30 percent and is now staring down a 50 percent tariff.
00:24Even Vietnam's beans face a 20 percent hike.
00:26Next, shirts and sweaters.
00:29More than half of U.S. apparel comes from China, Vietnam, and Bangladesh.
00:34China's already hit with a 30 percent duty, and Bangladesh could face a 35 percent hike.
00:39That means price tags in your closet could shoot up.
00:43Then there's jasmine rice, mostly from Thailand, India, and Pakistan.
00:47All three are targeted, with tariffs reaching as high as 36 percent.
00:51Cocoa isn't spared either.
00:53Ivory Coast, Malaysia, and Indonesia are major exporters.
00:56Cocoa butter and beans now face up to 25 percent tariffs.
01:01And finally, electronics.
01:04With a 50 percent duty looming on copper imports,
01:07the raw material behind everything from circuit boards to smartphones just got more expensive.
01:12Higher prices may be coming fast,
01:14and it's your wallet that might feel the heat.
01:16So, I don't know if it goes before if it's my��.
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