The Trump tariff tsunami is about to hit the economy in ways most of us cannot imagine.

Wall Street was bracing for a rough day in trading last Thursday, as traders digested sweeping tariffs announced by President Donald Trump after the trading day ended Wednesday afternoon. As part of the news, Trump announced a 26% tariff on imports from India and a 34% tariff on imports from China and a 20% tariff on imports from the European Union.

Just how high sticker prices will go on new cars and trucks is anybody’s best guess once the auto industry adjusts to the steep tariffs that the president put into place starting April 3. Tariffs on auto parts will hit no later than May 3