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2025-04-05 19:30:17
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Yahoo! News - by layer3.news on Nostr: yahoo.com_3 ✍️ The Trump administration announced a system of tariffs on imports ...



✍️ The Trump administration announced a system of tariffs on imports into the United States, with higher tariffs for countries with which the U.S. has the largest trade deficit.
👉 Tariffs will increase prices for household products, cars, construction materials, and some food items
👉 Higher tariffs for countries with which the U.S. has the largest trade deficit
👉 Changes in the composition of the U.S. economy, leading to increased prices and lower quality for manufactured goods
👉 Delays in production and investment, increasing the likelihood of a recession

#politics

https://media.zenfs.com/en/deseret_news_992/3d918bb390e60e8bea41e79184c0c09d

https://finance.yahoo.com/news/trade-deficits-happen-good-reasons-182908863.html

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