Trade
US Golf Cart Industry Shows China Tariffs Are an Imperfect Tool
- Tariff hikes imposed on Chinese imports had variety of effects
- Both Republicans and Democrats have favored more protection
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Nine weeks before a presidential election with major implications for global trade, American companies remain as split as ever about whether the tariff barrage the US unleashed against $300 billion of imports from China is punishing their fiercest economic rival or backfiring at home.