Tariffs and Inflation: What Rising Costs Mean for Shoppers and Retailers
New tariffs introduced earlier this year are rippling through the U.S. economy, pushing consumer prices higher and reshaping spending behavior. According to CNBC, the average American household will face an extra $2,300 in costs during 2025, as the national tariff rate climbs to 17.4% — the highest since 1935. Inflation Pressures Continue While inflation had […]
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