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2025.08.15 14:47 GMT+8

American expert: Nobody wins tariff contest

Updated 2025.08.15 14:47 GMT+8
CGTN

In the tariff war initiated by US President Donald Trump, there are no winners—Americans are the first to suffer, said Scott Lucas, professor at the Clinton Institute of University College Dublin. He added that the tariff is a charge on American importers, who either have to swallow that charge and reduce their profits, or have to pass it on to American manufacturers, consumers and farmers.

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