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  • President Trump's trade policy seems to have achieved the impossible

    12/06/2019 11:05:18 AM PST · by SpeedyInTexas · 27 replies
    USA Today via Yahoo News ^ | 12/05/2019 | Juscelino F. Colares
    <p>From Presidents Harry Truman to Donald Trump, the United States liberalized trade the most among developed countries. The average U.S. tariff on dutiable goods is 4.5%, with the average tariff on all goods sitting at below 2%. Meanwhile, U.S. goods face higher tariffs and many other barriers to entry abroad. Facebook still can’t operate in China, and U.S. tech giants face a “digital services” tax in France.</p>