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Tariffs Are Already Boosting Holiday Prices ― And Consumers Will Suffer

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The Trump administration just increased tariffs to 25% on a wider category of goods, including holiday lights. And that means this Christmas could be a whole lot less merry. Trump has claimed ― incorrectly ― that China would pay the tariffs into the U.S. Treasury. In reality, the net effect has been higher prices for retailers and consumers.

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