Raul Eamets: Donald Trump will make all of our lives a little more expensive

The primary effect of imposing tariffs will be on local consumers, as everything imported will become more expensive. The advantage of the Estonian economy is that the lion's share of our foreign trade is with European Union member states, and we will definitely not impose tariffs on each other here, writes Raul Eamets.

In early February, the announcement of a 25% tariff on Canadian and Mexican products shook the sector, while the production chain of the major U.S. automobile manufacturers is largely integrated between the three North American countries, and the announcement of La Tribune. This new tax is part of an extensive use of customs duties by the U.S. President, while the next stage, considered the most important, is scheduled to take place on April 2.