How tariffs impact retail sales and ad spending, and why 2025 might be different
Martech
APRIL 3, 2025
In 2002, tariffs were placed on steel mill products from non-NAFTA countries, tires from China in 2009 and a trade war with China that lasted from 2018 to 2020. steel prices to increase by about 30%, which led to higher prices for cars, appliances and other steel-made equipment. household in 2019 was estimated at $400$500.
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