Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say

The U.S. will implement new tariffs starting at 15%, with potential increases up to 50% unless countries negotiate trade deals, impacting consumer prices and operational costs for companies like Nestlé and General Electric. Economists warn of gradual price hikes across various goods, particularly in categories reliant on imports, as the U.S. tariff regime becomes established.

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