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How do tariffs work?
Tariffs are taxes a government puts on goods and services that come from other countries. You can think of a tariff as an extra fee added at the border, which makes imported products more expensive.
When the U.S. Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question. What it did not resolve is how to unwind the economic damage. Gov. JB Pritzker ...
Americans are owed $166 billion in tariff refunds, but they won't directly receive them. Consumers want relief, which retailers can deliver by reducing prices.
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