The bazooka diplomacy of Trump’s tariffs (VoxEU)

What are the broad arguments for raising tariffs and the potential repercussions for the US and other countries? How other countries will respond and consequences are very hard to predict. In the long run, we can expect a gradual decoupling of trade between the US and other countries as the uncertainty alone could deter firms from trading with the US, reducing US exports and imports says Michael Gasiorek and Nicolò Tamberi in this VoxEU column.

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