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The Independent UK
The Independent UK
Josh Boak

Trump’s tariffs in his first term did little to alter the economy. This time things could be very different

Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries.

The data show they never fully delivered on his promised factory jobs. Nor did they provoke the avalanche of inflation that critics feared.

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