How might the expiration of Trump's global tariff pause affect American consumers?

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When Trump's global tariff pause expires July 9, it could trigger 25-50% tariffs on dozens of countries, leading to immediate price increases on imported goods as importers pass these costs to American consumers. Despite Trump's claims that foreign countries pay tariffs, economic reality proves that U.S. importers pay the tariffs and typically pass these costs through higher prices on everything from clothing to electronics to food products.

How might the expiration of Trump's global tariff pause affect American consumers?

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