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Planet Money — The 145% tariff already did its damage
Not scored yet26m·2025-05-16·Business

The 145% tariff already did its damage

Planet Money

Even though the 145% tariff on Chinese imports only lasted a month, it already inflicted its scars on the economy. Global trade is just not something you can turn off and on like that. Some companies got really unlucky. Like those whose goods arrived at U.S. ports before the pause. If a medium size company had a…

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