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History suggests contained fallout from Trump trade war (chartpack)

This chartpack accompanies our Research Briefing reviewing seven key trade conflicts over the past 150 years: the late-19th century tariff wars; the Smoot-Hawley trade war of the early 1930s; and five significant trade disputes in the post-World War II period. Overall, the historical evidence is consistent with our guarded optimism about the macroeconomic and market effects of current trade tensions.​

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