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Re:Former President Trump is projected to win the presidency by astrange on Wednesday November 06, 2024 @05:08AM (#42059171)
Tariffs will make this much worse for two reasons:

1. importing your inputs becomes more expensive.

2. other countries will impose retaliatory tariffs on your exports.

This is not how to do economic development; Asian countries instead used export promotion. (…And wage suppression and currency weakening.)

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