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A useful brief intro to Trump's tariffs. Case of Vietnam reveals how illogical it is: US$123bn deficit on $137bn imports = 90% "import tariff" by US. But Vietnam doesn't have a tariff on US exports, so cannot agree reductions to avoid US tariff. thenextrecession.wordpress.com/2025/04/04/t...
Apr 5, 2025, 12:38 AM
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