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How Lopsided Was Trump’s Tit-for-Tat Tariff War? Moody’s Investigates

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The U.S.-China tariff war inflicted most of its damage on American businesses and consumer wallets, according to a new report. Despite pausing new duties, mutual tariffs imposed by both the U.S. under former President Trump and China from 2018 to 2019 remain in place, and now affect more than half of all trade flows between…

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