Tariffs have become President Donald Trump's favored economic move, prompting a lot of folks to ask what it is they even do.

Tariffs, tariffs, tariffs -- more and more throughout the 2024 presidential campaign, and especially since President Trump has retaken the White House, tariffs seem the be the primary economic news subject of the day.

President Trump said on Friday that he planned to move forward with tariffs on foreign cars on April 2, but did not specify how much the tariffs would be or which nations could be targeted. Asked about when he might impose car tariffs during remarks in the Oval Office,