Potential Impact of Trump’s Mutual Tariffs on Americans: High Costs and Cryptocurrency Implications – CNN Report

Americans Could Face High Costs Due to Trump’s Mutual Tariffs – CNN

According to a CNN report, Trump’s plan to impose reciprocal tariffs to counter the high tariffs other countries impose on American goods could raise the current average US tariff rate from 1.5% to nearly 5%, potentially forcing American consumers to pay significantly higher additional costs on imported products.
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Source: https://en.coinotag.com/breakingnews/potential-impact-of-trumps-mutual-tariffs-on-americans-high-costs-and-cryptocurrency-implications-cnn-report/