Tariffs threaten to push insurance coverage prices increased for US households

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Tariffs threaten to push insurance costs higher for US households

Matt Brannon, who authored the report, stated tariffs affecting imports from nations reminiscent of China, Canada, Mexico, Japan, and Vietnam will disrupt the development provide chain and add to restore prices. He famous an identical final result through the COVID-19 pandemic, when materials shortages and worth hikes additionally contributed to increased insurance coverage charges.