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Trump’s proposed import levy could weigh on North Carolina

Summary by Axios
Corporations in North Carolina are bracing for the potential wave of tariffs on imported goods the incoming Trump administration is promising. Economists warn that the tariffs will be a drag on the economy, especially if companies have to pass the higher costs on to customers. At Mooresville-based Lowe’s, roughly 40% of products are imported.
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Donald TrumpDonald Trump
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Mooresville, North CarolinaMooresville, North Carolina
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