When it comes to tariffs, President Donald Trump is clear: America is winning.

As his administration imposes sweeping tariffs across the world, President Trump argues that the import taxes will make America "great" and "rich," making the country once again the " most respected country anywhere in the world, " while ushering in a " golden age. "

But the reality so far is proving to be different.

Tariffs are sparking intense uncertainty in the U.S. and around the world — and it's yet unclear how it will all end.

Here are five points that explain the effects of tariffs, from Main Street USA to China.

The U.S. is starting to feel the effects

For months, the full impact of Trump's tariffs was not quite clear.

A big reason was because Trump did set some tariffs — including a 10% tax

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