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Understanding the Tariff Wars: Origins and Implications

The ongoing tariff wars that have marked recent American trade policies can be traced back to the political ambitions and economic theories of Donald Trump. From the outset of his political career, Trump voiced concerns over how American interests were represented, particularly regarding economic relationships with other countries. Central to his critique was the perceived imbalance in trade, where significantly more money flowed from the United States to countries like China than vice versa, which he labeled as unfair and detrimental to American workers.