Barack And Michelle Obama Were Truly Living Their Best Lives At A Beyoncé And Jay-Z Concert Over The Weekend 😍

President Donald Trump was criticized after he claimed to reporters this week that officials in his administration suddenly found $30 billion they "never knew existed"—located on what Trump referred to as the "tariff shelf."

Tariffs are a tax on imported goods, usually calculated as a percentage of the purchase price. While tariffs can shield domestic manufacturers by making foreign products more expensive, they are also used as a tool to penalize countries engaged in unfair trade practices, such as government subsidies or dumping goods below market value.