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    Inside the true financial impact of Trump's tariffs on everyday goods

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Inside the true financial impact of Trump's tariffs on everyday goods

03:34

Companies will now have to pay more to import cell phones, sneakers, home goods, toys and more in the wake of President Donald Trump’s tariffs — and the increased costs will be passed on to Americans buying those products. While the president is convinced tariffs will ultimately pay off, it would take a massive manufacturing shift in the U.S. for the average consumer to benefit. NBC’s Ryan Nobles reports for TODAY.