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‘A trade war on steroids’: Trump’s new era of US protectionism

The US President bets he can achieve his aims through tariffs without igniting inflation or a sell-off in American stocks.

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Trucks waiting to cross into the US at Otay commercial port in Tijuana, Mexico, on Jan 22.

Trucks waiting to cross into the US at Otay commercial port in Tijuana, Mexico, on Jan 22.

PHOTO: AFP

James Politi, Aime Williams and Sam Fleming

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Mr Donald Trump has long declared himself a “tariff man” willing to impose sweeping levies on imports from countries that have hurt America.

But on Feb 1, the 78-year-old US President took the first dramatic step of his second term towards putting that vision into practice – placing trade wars and economic nationalism at the top of his agenda.

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