Speaking in front of elites at the World Economic Forum, President Trump incentivized businesses to invest in America.

One way President Trump is looking to do that is through the use of tariffs.

Dr. Brent Moritz, associate supply chain professor at Penn State University, said when it comes to President Trump wanting a 10% tariff on China-based imports, the two things that matter most are the margin and product that tariffs will be applied to.

President Trump is also discussing a 25% tariff on products from Canada and Mexico.

Moritz said if that happens putting reciprocal tariffs on items that we need from those countries is not off the table.

Going forward, Moritz said the average consumer should keep an eye on how these countries react to these potential tariffs being put on them.