Osborne Ink

Osborne Ink

American Brexit: Tariffs Are Magic

I have no idea what is happening next and neither do you

Apr 08, 2025
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Both imports and exports decreased. Exports to the countries that instituted retaliatory tariffs fell the most. Canada was one of the first countries to enact counter-tariffs, followed by Mexico, then France. Unemployment began to rise from single digits, reaching 25 percent in three years.

It was supposed to make the American economy great again. As Be…

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