Texas stands to take the hardest hit of any state under the Trump tariffs on Mexico, Canada and China, leaving businesses and consumers bracing for higher prices and economic fallout. Why it matters: If foreign goods cost 25% more,

The Trump administration's 25% tariffs against Canada and Mexico took effect at 12:01 a.m. Tuesday. Many Texas businesses and those who work in manufacturing, logistics and trade anchored in San Antonio found themselves at the center of economic uncertainty.

With new tariffs on imports, several everyday goods are likely to become more expensive for American consumers. Cars and auto parts, many of which are produced through an integrated North American supply chain,