Prices to rise on products, even those without tariffs: expert
- The U.S. Government is increasing tariff rates on imported products, impacting consumers and businesses.
- President Trump's administration aims to correct unfair trade practices and encourage buying American-made goods.
- The new tariffs, announced in April 2025, include scenarios with rates of 60% on Chinese imports and 10% on others.
- Economists warn, "Prices are going to go up each week," and the White House economists disagree on inflation impact.
- Rising prices and potential drug shortages may occur, and trade negotiations could be bumpy and take a while.
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Tariff turbulence: How Americans can prepare for potential increase in prices
Products like cars and electronics are expected to see higher prices with President Trump's new tariff policies.
·Pennsylvania, United States
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Total News Sources25
Leaning Left5Leaning Right2Center6Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 38%
C 46%
15%
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