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On Monday, Jan. 20, Donald Trump was sworn in as President of the United States for the second time. While no one fully knows what will happen over the next four years, Trump did indicate a desire to increase tariffs on countries sending their goods to America. In simple terms, a tariff is a tax on imported goods.
Donald Trump, who was recently sworn in as the 47th President of the United States, has promised a series of tariffs on imported goods from various countries.
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