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15 September 2024

How Washington Learned to Stop Worrying and Embrace Protectionism

Bob Davis

Shortly before the U.S. presidential race turned upside down (the attempted assassination of Republican nominee Donald Trump) and upside down again (President Joe Biden dropping out) and upside down again (Vice President Kamala Harris surging in polls compared to Biden), the president made a decision that upended decades of Democratic White House rule. He ordered heavy new tariffs on Chinese imports of high-tech items and continued the massive tariffs he inherited from his Republican predecessor.

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