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Trump’s Big Bet: Americans Will Tolerate Economic Downturn to Restore Manufacturing

The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.

© Maansi Srivastava for The New York Times

President Trump has acknowledged in recent days that the United States may be headed into a recession, even as he doubles down on imposing tariffs on Canada, Mexico, China and the European Union.
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