President Donald Trump’s contentious tariff barrage, including duties on products from Canada and Mexico, is now in effect after months of delays, prompting economists to forecast higher consumer costs. Trump’s proposed tariffs, though less severe than initially planned, have sparked alarm and market fluctuations. Tariffs on Chinese imports have already led to price hikes on laptops and other electronics, causing anxiety among US adults and predictions of increased auto insurance costs due to tariffs on Canada and Mexico.
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