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flag President Trump raises tariffs on steel and aluminum to 50%, risking higher consumer goods prices.

flag President Trump's doubling of tariffs on steel and aluminum to 50% is expected to raise costs for numerous consumer goods, potentially increasing grocery prices. flag The tariffs aim to protect the U.S. steel industry but may result in higher expenses for businesses that rely on these metals, such as breweries and food producers. flag Experts warn that the increased costs could be passed on to consumers, affecting a wide range of products including cars, refrigerators, and canned goods.

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