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From rising costs to shrinking investments, tariffs may hit American consumers and businesses where it hurts, today and long into the future.

Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. President Trump has dismissed economic concerns about his trade tariffs as mere “transition costs.” While Trump promises short-term sacrifice for future prosperity, economic experts suggest a different story — one…