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U.S. tariffs equivalent to tax increase: British economist

//english.dbw.cn  Author:  Source:xinhua  Editor:Yang Fan  2025-08-18 09:39:25

U.S. tariffs amount to a tax increase on Americans, slow economic growth, and tie the country to outdated industries, says British economist John Ross.

As Global South nations deepen globalization, he warns, America's share of world trade will shrink.

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