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✅ Yes, the content seems to be true and authentic, as reported by several sources.
These, include:
1. https://www.cta.tech/Resources/Newsroom/Media-Releases/2025/January/U-S-Tech-Industry-Forecasts-Record-Sales,-Tariff-Threats-Loom - (Trust Score 8/10)
- The Consumer Technology Association (CTA) projects record retail revenues as the U.S. consumer technology industry grows 3.2% over 2024 to $537 billion in 2025, but warns that tariffs could lead to a $90-$143 billion decline in U.S. consumer purchasing power.
2. https://www.cbsnews.com/news/tariffs-trump-reciprocal-consumer-prices-businesses-react/ - (Trust Score 7/10)
- Industry leaders and business owners are warning that sweeping new tariffs on U.S. imports announced by the Trump administration could raise prices for American consumers, drive up costs, and reduce product quality.
3. https://www.policyalternatives.ca/wp-content/uploads/2025/03/CCPA-Monitor-Spring-2025-WEB-1.pdf - (Trust Score 6/10)
- The Canadian Centre for Policy Alternatives discusses the impact of Trump's tariffs on Canada, suggesting measures to counter these threats, including imposing export taxes and deepening economic ties with non-U.S. trading partners.