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The U.S. already has tariffs on a few sectors. It hasn't gone that great

04:28
Since the 1960s, the U.S. has charged a 25% tariff on imported pickup trucks. The extra protection from foreign competition encouraged U.S. automakers to concentrate on pickup trucks while largely ceding the market for cheaper, smaller vehicles. (AFP)
Since the 1960s, the U.S. has charged a 25% tariff on imported pickup trucks. The extra protection from foreign competition encouraged U.S. automakers to concentrate on pickup trucks while largely ceding the market for cheaper, smaller vehicles. (AFP)

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