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TradeRetaliation

Beggar thy neighbor, harm thyself: Tariffs like Trump’s come with pitfalls, history shows

Beggar thy neighbor, harm thyself: Tariffs like Trump’s come with pitfalls, history shows Tariffs like those announced by President Trump can have severe consequences for both the US economy and its trading partners, as they often lead to swift and precise retaliation from other countries. The “beggar-thy-neighbor” strategy, which involves protectionist measures such as tariffs, […]

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