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The Independent UK
The Independent UK
National
Tom Krisher and Christopher Rugaber

Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief

Trump Tariffs - (Copyright 2024 The Associated Press. All rights reserved.)

If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation.

Economists say companies would have little choice but to pass along the added costs, dramatically raising prices for food, clothing, automobiles, booze and other goods.

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