Tom Lee
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"The tariff aims to discourage foreign competition and incentivize domestic production, reducing reliance on imported goods."
US Politics
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"Former President Donald Trump proposed a 10% tariff on virtually all goods imported into the United States to discourage foreign competition and boost domestic U.S. production and manufacturing."
US Politics
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"This research estimates that revoking PNTR would decrease U.S. gross domestic product (GDP) by $15.9 billion, decrease total exports by more than 17 percent, and increase consumer prices by 5.9 percent; in the event China retaliates in a reciprocal manner, U.S. GDP would fall by $24.8 billion, total exports would decrease by 44.3 percent, and consumer prices would rise by 5.2 percent."
US Politics
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