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How do tariffs work?
Tariffs are taxes a government puts on goods and services that come from other countries. You can think of a tariff as an extra fee added at the border, which makes imported products more expensive.
Investopedia tracked how tariffs and global events have influenced the prices of everyday items. Here's what we found.
While the scale of the repayments is significant, the impact on everyday consumers is far less clear and likely more limited.
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