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Posted on Aug 11, 2025 / World

Talks around the administration’s tariff program continued on August 10 as business groups and trading partners weigh the cost to consumers and supply chains. Economists warn that broad-based tariffs risk feeding into higher consumer prices, complicating the Fed’s path and potentially prompting earlier-than-expected rate action. Corporate CFOs have flagged input-cost pressures in sectors from autos to semiconductors, and some multinationals said they are reviewing sourcing strategies to reduce exposure. Domestic political supporters argue tariffs protect critical industries and jobs, while opponents say they act like a stealth tax on U.S. consumers. Expect further industry pushback and targeted lobbying in the weeks ahead. :contentReference[oaicite:2]{index=2}

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