The headlines lately have been all about one thing: tariffs. In a dramatic turn, China raised tariffs on U.S. imports to a staggering 125%, while the U.S. is holding strong with its own 245% rate on Chinese goods. Even with President Trump announcing a temporary 90-day pause on some of the measures, the ongoing trade war isn’t cooling down. Economists are sounding the alarm: higher prices are coming, and fast.
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