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President Donald Trump’s deal to dramatically slash tariffs on China thrilled markets and offered a sliver of relief for businesses across the country. It also revealed an important lesson: Even Teflon Don can’t outrun economic reality.
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Abigail Ball, executive director of American Compass, a conservative economic think tank with ties to Vice President JD Vance and Secretary of State Marco Rubio, called the 10 percent baseline “a huge Overton window shift.”
“This would have been unbelievable a year ago,” Ball said.
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