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While the White House is waging a trade war on behalf of US manufacturing, the largest and most important part of the US economy, one that has a trade surplus, not a gap, is under threat.
Donald Trump says his trade policy would be a way to protect ... and import tariffs rose an average 47%. World economies fired back almost immediately. Even before the bill went into effect ...
President Trump's aggressive use of tariffs has fueled concerns about the economy and roiled the stock market.