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This chart explains why Trump backflipped on tariffs. The economic damage would have been huge

  • Written by The Conversation

The Trump administration has announced a 90-day pause on its plan to impose so-called “reciprocal” tariffs on nearly all US imports. But the pause does not extend to China, where import duties will rise to around 125%.

The move signals a partial retreat from what had been shaping up as a broad and aggressive trade war. For most...

Read more: This chart explains why Trump backflipped on tariffs. The economic damage would have been huge

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