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Market Midday: Stocks Higher, Reports Say Amazon May Be Involved In A TikTok Takeover, Tariff Announcement At 4P ET 4/2/25

CNBC Business News Update

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Impacts of New Tariffs on Prices and Markets

This chapter examines the upcoming tariff announcement from the White House and its anticipated effects on consumer prices, particularly for groceries and automobiles. Analysts discuss potential changes in retailer pricing strategies and the implications for car manufacturers' production capabilities amid a shifting market landscape.

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