President Donald Trump signs a trade agreement with South Korea earlier this month. A Stanford economist says Trump’s global tariff plan is likely to drive up prices as the Christmas shopping season nears.

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By Sunita Sohrabji Contributing Writer SAN FRANCISCO — American consumers are feeling the burden of President Donald Trump’s global tariffs plan, both at the checkout counter and in the labor market. “Tariffs are a tax on consumer goods, and in particular for goods like clothing, electronics, coffee, furniture and toys,” said Neale Mahoney, director of the Stanford Institute for Economic Policy Research. “As we head into the Christmas shopping season, we expect to see fairly large price increases. Mahoney spoke at an Aug. 15 news briefing hosted by American Community Med

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