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Foreign goods wait to be unloaded at the Port of Los Angeles. AP Photo/Nick Ut

What is a tariff? An economist explains

President Trump recently imposed steep tariffs on foreign steel and aluminum. An economist explains what they are, how they work and why they matter.
The U.S. is slapping tariffs on China-made aluminum, which could lead to a trade war. AP Photo/Paul Sakuma

Why the US shouldn’t start a trade war with China

Some fear that recent actions against China taken by the Trump administration mean we're on the verge of a trade war. What would be the cost?

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