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Re:Trump's Tariffs Wipe Out over $6T on Wall Street in Epic ... by jordanb on Saturday April 05, 2025 @06:14PM (#43597251)
The US was not an export-focused economy in the 50s and 60s. In fact trade as a percent of GDP bottomed out in those decades. Arguing that the prosperity for the average person was only "sustainable" in an environment where there wasn't foreign competition is an argument for tariffs.

https://www.stlouisfed.org/on-the-economy/2020/march/evoluti...

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