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V-M designed a two-speed changer after Columbia Records introduced the LP in 1948, then added the 45rpm speed after RCA brought that innovation to market in 1949. In 1954, V-M added the fourth speed (16⅔ rpm) for "talking books." A new changer mechanism, used throughout the 1950s, 1960s, and 1970s was developed in 1950.
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[1] [2] The large decline in imports in 2020 has been attributed to the effects of COVID-19 pandemic. [3] Some key highlights of the 2020 data are: Imports of goods decreased $166.2 billion to $2,350.6 billion in 2020. [1] [2] Automotive vehicles, parts, and engines decreased $65.2 billion. Passenger cars decreased $33.4 billion.
The United States imposes tariffs (customs duties) on imports of goods. The duty is levied at the time of import and is paid by the importer of record. Customs duties vary by country of origin and product. Goods from many countries are exempt from duty under various trade agreements. Certain types of goods are exempt from duty regardless of source.
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