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What is the future of global trade? - with Fred Smith and Tim Fitzgerald

You Might Be Right

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Trade War

The tariffs are passed through to US firms and US consumers as they consume those products. There have been a number of studies that have reached basically that same conclusion. It really was a question of my policy, but what you're saying is that what happens is the producers are not really seeing meaningful volume changes as a result of it. The evidence that has emerged thus far from the 2018 trade war has basically comported with your view.

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