Us Dealers Double Profits From Import Duties in the Second Quarter

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The increased import tariffs allow US companies to increase the prices of their goods. According to a study, retailers in particular can make a significant profit. Consumers and foreign exporters are particularly affected by this, one expert criticises.

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Allianz Trade estimates that consumers are expected to pay 3.6 percent more for goods such as furniture and up to 2.3 percent more for cars, clothing, jewellery and shoes than expected due to import costs.