President Trump announced a temporary agreement with China to reduce tariffs on Chinese goods from 145% to approximately 30%, while China will lower tariffs on U.S. goods from 125% to 10%. Additionally, a trade deal with the UK will cut tariffs on British cars and eliminate steel and aluminum tariffs. Amid ongoing uncertainty, shopping expert Trae Bodge advises consumers to look for sales, check product origins to avoid tariff impacts, and consider purchasing domestic products, especially as electronics and toys are expected to see the most significant price increases due to tariffs.
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