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Opinion

Trump's tariffs revive damaging prewar world of trade barriers

Contagion through Asian nations would hurt global economy

| North America

The recent imposition of tariffs by the Philippines on cement imported from Vietnam has attracted a surprising amount of attention. Some have suggested this is a sign of contagion from those imposed by the U.S. and China on each other and fear that other countries are now following suit and dialing up their use.

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