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U.S. Customs Duties Make a Modest Rise as Trade Deficit Grows

U.S. Customs Duties Make a Modest Rise as Trade Deficit Grows
2 months ago

The United States has observed a modest increase in customs duties, as reported in recent data, correlating with an expanding trade deficit. This uptick comes at a time when the American economy grapples with various challenges, including inflationary pressures and geopolitical tensions. The increasing tariff revenues reflect broader trends in international trade dynamics and U.S. trade policy adjustments.

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