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Expect to dig deeper into your pockets if you want to keep enjoying these types of goods.
President Donald Trump has made good on his promise to drop tariffs on goods coming in from foreign countries. Although tariffs aimed at Canada and Mexico have been suspended — at least for now — an additional 10% tariff on “[a]ll articles that are products of the [People’s Republic of China]” took effect Feb. 4. In turn, China has responded with retaliatory tariffs of its own.