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Do tariffs work?
Mint Hyderabad
|October 22, 2025
With trade tensions between the US and China flaring up again, the spotlight is on how their game of mutually assured disruption plays out.
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As China had pre-existent problems, it may seem more vulnerable. In the three months till the end of September, China’s economy grew just 4.8%, its weakest pace in a year. It could have been worse had a temporary trade truce not been struck earlier this year; Chinese exports to the US are down but not out. But with B
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