Dozens of new tariffs are set to take effect this week. What does it mean for consumers?
Tuesday, August 5th 2025, 1:08:00 pm
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Dozens of higher tariffs, announced by President Trump last week, will take effect on Thursday. Meanwhile, Mr. Trump is also threatening India with an increase in tariffs if they continue to buy Russian oil. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what to know.
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