
What consumers can expect from import taxes as the US sets new tariff rates
By DEE-ANN DURBIN and ANNE D’INNOCENZIO AP Business Writers It’s been almost 100 years since the U.S. had tariffs at the level they could reach next Friday. Once President Donald Trump’s planned tariffs take effect, Americans will see an average tax of 18.3% for imported products, the highest rate since 1934, according to the Budget
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