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Article Summary
- Trump's decisions on trade tariffs are predicted to result in inflation
- The article discusses how these tariffs will impact consumer costs
- The potential consequences of Trump's trade policies are analyzed
- Expert opinions on the effects of the tariffs are shared
- The article highlights concerns about rising costs for consumers Tone: Critical of Trump's trade policies and their potential impact on inflation and consumer costs
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Trump Picks Inflation: His Steep Trade Tariffs Will Raise Your Costs
Donald Trump, who made tariffs one of the main planks of his successful campaign, has now concretized those threats in the form of a proposed 25% blanket tariff on Canada and Mexico, along with a potential 10% tariff on China. So, the incoming president pledges to launch his administration by raising costs for families.
https://www.nydailynews.com/2024/11/27/trump-picks...
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