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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.

Others ask whether we are all now hyper-sensitized to their use because they have become the signature foreign policy tool of U.S. President Donald Trump.

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