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World trade war: Why hasn’t this risk raised an alarm so far?

Published on: Aug. 7, 2025, midnight | Source: Livemint

This century’s tariff turmoil isn’t proving quite as alarming as the barrier-raising outbreak of the 1930s. Geopolitics and economics point to why we’ve seen so few knock-on tariff hikes in the wake of Trump’s trade policy aggression.

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