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tariffsNBC News
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74% Informative
President-elect Donald Trump said Monday he intends to impose a 25% tariff on products imported by the U.S. from Mexico and Canada .
An estimate from The Budget Lab at Yale found that the cost to consumers from the tariffs could reach as much as $1,200 in lost purchasing power on average based on 2023 incomes.
Best Buy CEO Corie Barry warned Tuesday that any added costs would be shared by customers.
Forbes: “This is not just about the tariffs, per se, but also about Mexico getting control of the border.” There has already been progress on curbing drugs and migration this year .
Trump has tended to see tariffs as a cure-all for a variety of economic issues, a trade historian says.
VR Score
76
Informative language
72
Neutral language
47
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
6
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