Trump’s latest tariffs will increase the cost of building a new home by an average of $9,200

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Consumers are also likely to feel the pinch of tariffs in home buying.

Beyond more immediate price pressures, experts also warn that tariffs could contribute to unemployment or lower incomes down the road.

Companies buying foreign products pay the tariffs imposed on them — and, as a result, face higher costs that are typically passed on to customers.

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Article Details

Author / Journalist: Wyatte Grantham-Philips, Cora Lewis, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Consumer Spending Real Estate Donald Trump Tariffs Tariffs and trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 21:01:52 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1362 words

Reading Time: 8 minutes read

Sentences: 4 lines

Sentence Length: 341 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27591463

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 59 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #95

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