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US tariffs: how Trump’s tax is hitting Big Tech and beyond

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Get your screwdrivers ready.

US Commerce Secretary Howard Lutnick insisted in a Face the Nation appearance today that President Trump’s tariffs will “stay in place” and will result in things like “the army of millions and millions of human beings screwing in little screws to make iPhones” coming to the US.

He acknowledged that “it’s gonna be automated,” which is just one of the reasons more manufacturing may not mean more jobs.

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