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I suppose so? But then again, the steelman case for tariff wasn't for them to work on price but on quantity -> relocate factories to inside US market, reducing current account deficit, and thereby China would reduce dollar buying.
So the forces are working at cross-purposes
I suppose so? But then again, the steelman case for tariff wasn't for them to work on price but on quantity -> relocate factories to inside US market, reducing current account deficit, and thereby China would reduce dollar buying.
So the forces are working at cross-purposes