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Trump’s tariff plan will send prices ‘through the roof’, warn US firms

US manufacturers are bracing for disruption and sounding the alarm that customers will be hit by price increases

Donald Trump set the business and political world alight late on Monday. The incoming president said he would impose a 25% tariff on goods from Mexico and Canada and hit China with more levies on day one of his term.

“This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!” he wrote on Truth Social.

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