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Tariffs Update — December 2025

📌 What’s Going On?

President Trump is sticking with his high-tariff strategy to protect U.S. industries under the “America First” plan.

Big trade talks are happening — even India’s PM Modi is pushing for relief from the 50% import duties hitting Indian exports.

📉 Impact on Everyday People

Recent reports show U.S. households are paying almost $1,200 extra per year because imported goods have become more expensive under the tariff policy.

📈 Trade Data Snapshot

• The U.S. trade deficit has dropped sharply — one of Trump’s main goals.

• Countries like Mexico are now adjusting their own tariffs in response, shifting global trade flows.

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🤔 Why It Matters

Tariffs affect global trade, inflation, and the prices of everyday products. Supporters say they help protect jobs and reduce trade deficits. Critics argue they act like a hidden tax and could strain international relations.

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