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Trump’s tariffs in his first term did little to alter the economy, but this time could be different

By Ilene
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FILE - President-elect Donald Trump speaks at meeting of the House GOP conference, Nov. 13, 2024, in Washington. (AP Photo/Alex Brandon, File)

WASHINGTON (AP) — Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries. The data show they never fully delivered on his promised factory jobs. Nor did …

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