The Economist: Tariffs will harm America, repeating painful past experiences
Key topics
- Trump's tariffs won't reduce the trade deficit or boost manufacturing.
- Tariffs burden U.S. consumers while barely funding the federal budget.
- Protectionism risks economic stagnation and weakens global competitiveness.
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From The Economist, published under licence. The original article can be found on www.economist.com
© 2025 The Economist Newspaper Limited. All rights reserved.
The Economist
Donald Trump's pursuit of tariffs will make the world poorer—and America, too
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