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Tea, banana, toys, shoes to become expensive in US after Trumps reciprocal tariffs. Check full list here | Today News
2025-04-24 23:45:03| Spiritual Career Counseling
Utilities and everyday goods in the US are likely to become expensive in a matter of weeks following President Donald Trump's tariffs rollout, according to a New York Post report.Americans will likely have to pay more at the supermarket counter within the coming days while higher prices on everything from sneakers to furniture to cars could be felt in a matter of weeks, the report said, quoting economists and industry experts.What will become more expensiveGroceriesDr. Sung Won Sohn, a distinguished economist and academic at Loyola Marymount University in Los Angeles, told NYT that grocery items that are imported will be more expensive in the short term.We import 80% of avocados that we consume in America and those are perishable items, so they will be more expensive immediately, he said.Also Read| IMF chief says US tariffs a significant risk to global economyOther staple items that the US doesn't produce domestically such as coffee, tea and bananas will also become more quickly,...
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