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Households’ costs could rise by over $1,200 a year because of tariffs on goods from Mexico, Canada and China, according to one estimate
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The sweeping tariffs that President Donald Trump has been talking about since he was on the campaign trail are finally here, and they’re arriving at a tough time for many Americans.
That’s according to surveys, earnings reports, rising credit-card bills and decreasing savings rates, which point to many wary consumers who aren’t ready for more price hikes as a trade war erupts.
