Tariffs Threaten U.S. Inflation
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higher tariff costsCBS News
•Business
Business & Economics
Many companies plan to pass tariff costs on to consumers, economic data shows
85% Informative
Manufacturers expect their prices to increase 3.6% over the next 12 months , up from up from 2.3% in the last quarter of 2024 .
Nearly 90% of Americans expect tariffs to drive up prices this year .
The impact of tariffs on the economy could fade if the U.S. manages to forge a number of trade deals.
Adidas CEO Bjorn Goulden says there will be price increases if U.S. duties on imported goods remain in place.
Chinese online retailers Shein and Temu said in April they planned to increase prices.
Procter & Gamble CEO: Price hikes are "likely" due to uncertainty of tariffs.
VR Score
87
Informative language
88
Neutral language
39
Article tone
formal
Language
English
Language complexity
52
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
11
Source diversity
10
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