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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Tariff is is like trying to hurt someone by banging your head on to his head.
Anyway Krugman wrote a lot of research on tariffs.
1. US economy is now in a sweet spot with high jobs creation....why disrupt it?
2. The negative effects of tariffs increase by size of tariffs.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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the truth is not about tariff or no tariff
the truth is who will win in protectionism
cause protectionism existed from the start
not globalization