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‘Empty shelves, higher prices': Americans tell of cost of Trump's tariffs The GuardianS&P analysis of 9,000 companies worldwide finds the real cost of tariffs and other corporate costs: $1.2 trillion FortuneStudy: Tariffs to cost companies $1.2T this year, mostly hitting consumers AxiosTariff costs to companies this year to hit $1.2 trillion, with consumers taking most of the hit, S&P says CNBC
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Companies are caught between absorbing the costs or passing them onto customers, according to a Federal Reserve report.
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