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TOP STORY | Investing

Tariffs & trade wars: Déjà vu?

6 min read
President Trump’s tariffs bring a sense of deja vu. In his first term, he imposed tariffs on major US trading partners, with the hope of spurring manufacturing in the US, increasing jobs and reducing trade deficits. In this article, we assess the effectiveness of these tariffs—particularly in relation to China—and explore their economic impact on both sides of the equation.
Exploring the impact of tariffs in President Trump's first term