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Why Trump’s Renewed Trade War Could Be Costly

NYT > Business·July 24, 2026
Why Trump’s Renewed Trade War Could Be Costly

She reports that households and businesses are currently facing an affordability crunch. A renewed trade war initiated by Trump could lead to additional economic hardship. The implementation of new tariffs is expected to exacerbate the existing financial strain on households and businesses. This could result in increased costs and further economic challenges for many.

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