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Trump Meets US House Republicans Following the US Election, Washington, District of Columbia, USA - 13 Nov 2024

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But what about the potential for prices to drop?

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This counterintuitive outcome is a result of tariffs altering competitive dynamics.

By making imported beef more expensive, the policies effectively reduce foreign participation in the domestic meat market.

With fewer imports entering the country, U.S. beef supplies are expected to tighten.

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This policy shift aims to reduce Americas reliance on imported wood by streamlining regulations and accelerating permitting.

The move comes as tariffs on Canadian lumber are set to rise sharply in the near future.

Since American-made garments arent subject to these import taxes, they may gain a competitive price advantage.

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The long-term effect could make some American-Made clothing more affordable.

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