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[US Tariffs Trigger Anticipated Price Increases Across Multiple Sectors] President Donald Trump Has Imposed New Tariffs This Month, Including An Across-the-board 10% Tariff On Most Imports And A Cumulative 145% Tariff On Goods From China. Economists Anticipate This Will Lead To Higher Prices For U.S. Shoppers. Companies Like Shein And Temu Announced Price Increases Effective April 25 Due To Rising Operating Costs From Tariffs, While Nintendo Stated Switch 2 Accessories Will See Price Adjustments, With Future Price Changes Possible For Other Products. Best Buy's CEO Also Expects Price Hikes, Following The Implementation Of These Tariffs And The Closure Of The $800 De Minimis Loophole.
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