Tariffs and trade deals can have unintended consequences. The Trump tariff war was not supposed to send jobs to China. However, Tesla responded in 2018 to China’s 25% retaliatory tariff on U.S. autos with a quickly completed plant in Shanghai.…
From U.S. farm income to Brazil’s exports to a racing cargo ship, the impact of China’s retaliatory soybean tariff has had a global impact.
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