‘Trump tariffs only work short-term’

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'Trump tariffs only work short-term'

A Cambridge University economist warns that long-term use of tariffs risks a global trade war and would have a negative impact on ‘how the global economy operates.’

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President Trump imposed import tariffs of 25% on Mexico and Canada and 10% on China that go into effect on 4 February.

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Date: February 2, 2025