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The winners and losers of Trump’s steel and aluminum tariffs

It’s unclear how long it will take for consumers to feel the impact and to what extent. That’s in part because it depends on how much steel or aluminum is used to make the product, said Lydia Cox, an economics professor at the University of Wisconsin at Madison.

It’s also on the businesses to decide what added costs they should pass along to their customers, she said: “If you had a 25 percent increase on 50 percent of your costs, that’ll be a pretty sizable [potential] increase” in prices.