News & Stories Economy Here's what is expected now that new tariffs are in effect for dozens of countries Scott Horsley Scott Simon August 09, 2025 / 4:47 am New tariffs took effect this week that forecasters say will lead to higher prices and slower economic growth. But the stock market is still booming. Why you can trust KUOW Recommended Stories Amazon lays off 16,000 employees in major reduction of force January 28, 2026 Seattle's job market shrunk in 2025, marking first dip since Covid January 27, 2026 Tech layoffs drive Seattle-area unemployment above 5% January 21, 2026