Summarize this content to 2000 words in 6 paragraphs
By Paul Wiseman
The Associated Press
Posted February 1, 2025 11:49 am
5 min read
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Tariffs are making big headline news at the moment.
Here’s what they are and what you need to know about them. Tariffs are a tax on imports.
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Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller.
