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The cost of imports barely rose in April, but only because of a global decline in oil prices. Yet many products such as foreign cars, consumer goods and industrial supplies appeared to show signs of tariff-related price increases.
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Companies that buy products made abroad pay the tariffs imposed on them — and, as a result, face higher costs that are typically passed on to consumers
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Bananas, roses and toys are some of the items hit by tariffs and price hikes could come as soon as late May, according to the retailer.
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Consumer prices in April were up 2.3% from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4%, thanks to a large drop in the price of eggs.
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Although their share prices may have moved in different directions recently, both of these stocks still look rather promising at today's prices.
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