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How Retaliatory Tariffs Could Impact the United States: Global Response to the New Steel and Aluminum Tariffs.
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The article focuses on the impact of new tariffs on the steel and aluminum industry of the U.S. It reports on the U.S. President Donald Trump's policy of trade deals and export and import, and the recent U.S. trade deficit with China. President Trump's new tariffs on the foreign steel and aluminum industries is the example of his new economic strategy. Economic experts states that retaliatory tariffs may create increased distrust and tension in the global economy.
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