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Trump announces a new round of tariffs

President Trump has ordered steep new tariffs on imported drugs, home furnishings, and trucks. The president's import taxes are pushing inflation higher. But that's not slowing consumer spending.

Copyright 2025 NPR

Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.

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