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Hawaii Business Owners Warn New Tariffs Will Mean Higher Prices for Consumers
UNITED STATES, AUG 7 – Average U.S. import tariffs rise to 18.6%, the highest since 1933, aiming to boost domestic manufacturing while causing global economic uncertainty, Yale's Budget Lab said.
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5 Articles
Trump’s higher tariffs hit major US trading partners, sparking defiance and concern - West Hawaii Today
U.S. President Donald Trump’s higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average U.S. import duty to its highest in a century and leaving major trade partners such as Switzerland, Brazil and India hurriedly searching for a better deal.
Hawaii business owners warn new tariffs will mean higher prices for consumers
The Trump administration says this will reap billions of dollars in tax revenue, but economists say American consumers face even higher costs on everything from home furnishings to cheese.
Former US VP Mike Pence Says Trump’s Tariffs Hitting US Firms And Consumers Hard - The Commune
Former US Vice President Mike Pence, in a scathing attack against President Donald Trump’s trade policy, said on Thursday that American companies and consumers are paying the cost of US tariffs. Pence took to X to highlight that the cost of production of US companies like auto giant Ford has shot up following the increase in tariffs on inputs. US consumers are also ending up paying higher prices for goods due to the tariffs levied by Trump, he a…
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