The Hidden Tax Marches On President Trump insists tariffs won’t lead to higher consumer prices. Reality, as usual, is less convenient. Starting next week, massive new import duties will slam goods coming into the United States from China, Vietnam, India, Switzerland, and the European Union. Businesses that have been quietly absorbing costs will soon be forced to pass them along. That means everyday essentials—computers, clothing, shoes, even booze—are about to get a lot more expensive. This isn’t economic patriotism. It’s a price shock in slow motion. Electronics: Silicon Taxation at Scale Computers and electronics are now at the center of America’s global trade war. According to the Commerce Department, the U.S. imports the bulk of its tech hardware from China,…
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