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What are tariffs and why does Trump plan to use more of them? What to know

The article from USA Today discusses Donald Trump's proposal to impose a 10% tariff on all imports if he wins the 2024 presidential election. This policy, aimed at protecting American industries, could lead to higher prices for consumers, potentially exacerbating inflation. Critics argue that such tariffs would increase costs for everyday goods, particularly affecting lower-income families. The article highlights the potential economic impacts, including retaliatory tariffs from other countries, which could disrupt global trade. It also mentions reactions from various stakeholders, including business leaders and economists, who express concerns over the policy's implications for international relations and domestic economic stability. Additionally, the piece touches on how this tariff plan might play out in key swing states like Florida, where the economic effects could influence voter sentiment.

Read the Full USA Today Article at [ https://www.usatoday.com/story/news/politics/elections/2024/11/26/donald-trump-tariffs-prices-inflation-mexico-florida/76585955007/ ]