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IN 2026, The leaders of America’s (former) trading partners are going to have to grapple with the political consequences of tit-for-tat tariffs.
A tariff is a tax paid by consumers, and if there’s one thing the past four years have taught us, it’s that the public will not forgive a politician who presides over a period of rising prices, no matter what the cause.
US Trade Dominance Will Soon Begin to Crack
Savvy countries will discover there’s a way to mitigate the harm inc…