US tariffs will increase the cost of trade globally

Chinese and US tariffs on over 500 of each other’s products take effect today, raising costs and risking escalation

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This summary is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.

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