In an escalation of the trade war with China, Trump introduced a whole slate of new tariffs. There are some debates over the economics of these tariffs, but here are the basics of what just happened, and what happened the last few times we imposed tariffs in this war.
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The trade war has been raging for a while, but it might soon end. China has been actively offering resolutions including, most recently, a trillion dollar program focused on buying American exports in order to zero out any trade imbalance. Here are the most recent updates and what is going to happen next.
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