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How does the Trump administration justify its new tariffs on imports?
The Trump administration has justified its new tariffs by arguing they would level the playing field between US manufacturers and foreign competitors. The administration maintains that these measures are necessary to create fair trade conditions in response to what they view as unfair practices from trading partners, particularly the European Union. While acknowledging that these new taxes would likely result in higher prices for American consumers and businesses, the administration believes the tariffs will ultimately benefit the economy by correcting trade imbalances and protecting domestic manufacturers.
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Implications of New Tariffs on American Consumers
WION·8 months ago
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