'We’re doing this for the Christmas season': Trump's latest comments suggest tariffs could hurt American consumers

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'We’re doing this for the Christmas season': Trump's latest comments suggest tariffs could hurt American consumers
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The comment was a reversal for Trump, suggesting that trade-war costs could fall on American businesses and consumers.

The Trump administration announced Tuesday it would allow certain products — including laptops, cellphones, and toys — to receive an exemption from tariffs until December 15. President Donald Trump said Tuesday he delayed tariffs on some Chinese products because of concerns about the holiday shopping season. The comment suggested that trade-war costs could fall on American businesses and consumers, a departure from the claim that foreign exporters only pay tariffs.

The Trump administration announced Tuesday it would allow certain products — including laptops, cellphones, and toys — to receive an exemption from tariffs until December 15. President Donald Trump said Tuesday he delayed tariffs on some Chinese products because of concerns about the holiday shopping season. The comment suggested that trade-war costs could fall on American businesses and consumers, a departure from the claim that foreign exporters only pay tariffs.

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