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The Mechanics of Tariff Impacts: From Imports to Household Budgets Tariffs work by adding a percentage-based fee on goods entering the U.S., calculated on their value at customs. For instance, recent policies have targeted various imports, raising effective rates to about 9.9% on average. This process involves executive orders and congressional oversight under constitutional trade authority in Article I. Fact-checking shows exemptions, like those in late 2025 for over 200 agricultural items such
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