(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
(THE CONVERSATION) The U.S. is in multiple international trade wars. After President Trump ordered higher taxes on some Chinese imports, the Chinese retaliated. The trade dispute now involves as much as US$200 billion worth of Chinese-made goods. Trump has also targeted the European Union, Canada and Mexico with tariffs. Most economists disagree with this approach, and nearly all predict the trade wars will raise prices for American consumers on a wide array of products.
As an expe...
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