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Grocery bills will likely rise as shoppers pay more household staples because of the Trump administration's new tariffs.
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Mexico and Canada were exempted from President Trump's new round of tariffs, but the future of free trade in North America is very much in doubt.
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President Trump announced sweeping tariffs on imported goods, which were higher and broader than many expected. The new import taxes are expected to raise prices and slow growth in the U.S., while pushing many other countries into recession.
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