While Black Friday 2024 won’t be harmed, if the new Trump tariffs become reality, shoppers could be in for a major shock over the year to come.

Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who might do good or harm.

While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.