The biggest change in world trade in a century The tariffs imposed by US President Donald Trump on imports from various countries will have a huge impact on the global economy. The extent to which these tariffs have increased can be understood by looking at the chart of US tariff revenue. The tariff lines on the chart have risen so high in a single blow, which has not been seen in the past century. These lines have even surpassed the period of high protectionism of the US economy in the…
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