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CNN: Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1

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Updated:2024-11-25
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“The measures proposed this evening could hit a number of strategic US industrial sectors hard, add approximately $272 billion a year to tax burdens, raise goods prices, lift interest rates, and sap strength in an already-vulnerable household sector,” said Karl Schamotta, chief market strategist at .

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