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Trump Bumps China Tariffs to 104% & People Are Panic-Buying iPhones

Morning Brew Daily

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Impact of High Tariffs on Trade and Economy

This chapter explores the consequences of President Trump's unprecedented tariffs on China and other countries, marking the highest tariff rates in over a century. It highlights the concerns raised by economists and the potential impact on businesses, particularly small enterprises, amid fears of economic downturns.

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