Ghost Tariffs

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Illustrating the utility of tariffs as an engine of change, President Trump also said the tariff announcement has resulted in a stampede of countries beating a path to his door to try and strike new deals to minimize their own exposure. He said: “Every country has called us, that’s the beauty of what we do, we’ve put ourselves in the driving seat. If we’d asked most of these countries to do us a favor, they’d have said no, now they’ll do almost anything for us… the tariffs give us great power to negotiate”.

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