Massachusetts companies brace for tariffs on Trump's ‘Day 1′

By Lucia Maffei • Published January 16, 2025 • Updated on January 16, 2025 at 10:58 am

President-elect Donald Trump has promised to impose tariffs on Day 1 of his second term, which is set to start next week.

While no one knows what the new president will actually implement, many Bay State companies are left wondering what fees they may have to factor in, and what strategy — if any — they could use to address a potential rise in the cost of imported raw materials.

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