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International Business Times
International Business Times
World

Trump Tariffs To Test Resiliency Of US Consumers

US President Donald Trump signing executive orders imposing tariffs on imported goods (Credit: AFP)

In unveiling tariffs this week challenging the decades-old international trade order, President Donald Trump lambasted globalization as a raw deal for the United States that has devastated US manufacturing towns.

Trump left out the upside to the United States from the liberal flow of goods: a reliable supply of affordably priced appliances, clothing and electronics whose consumption has helped lift US economic growth above other developed economies in recent years.

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