I don’t think the average American will even notice the tariffs going into effect. Look at your bills. No tariff impact. And I bet that Trump will make sure there is little or no impact on food. Some companies will take a little hit, especially the big importers. But they will quickly make shifts so they don’t take much of a hit.
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They're still having an impact. There's a 25% tariff on cardboard boxes that is impacting the business of companies that only use them to ship non-tariffed goods. It's also affecting availability for domestic retail stores that need boxes for shipping products to customers.