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These retailers and brands are already raising prices due to new tariffs, and more may follow.
Headlines about potential tariff-related price hikes are, unfortunately, not entirely dramatized clickbait. Those historic economic policies have already rattled businesses. President Donald Trump increased tariffs on Chinese imports and applied a 25% tariff to products imported from Canada and Mexico, a 10% universal base tariff and reciprocal tariffs on countries that tax U.S. imports.
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