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Economics

Trump’s Trade War Is Bad for Business

This is a weird, self-defeating way to wring concessions from allies.

By
President Donald Trump speaks to auto workers at the American Center for Mobility March 15, 2017 in Ypsilanti, Michigan.

President Donald Trump speaks to auto workers at the American Center for Mobility March 15, 2017 in Ypsilanti, Michigan.

 Photographer: Bill Pugliano/Getty Images North America

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Stocks tumbled. Everybody got pardoned. Mitt Romney voted for his wife.