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Washington Post

Trump Tries to Rewrite the History of Trade

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The Washington Post

11:38 JST, February 25, 2026

President Donald Trump’s first effort to replace the tariffs struck down by the Supreme Court is based on a misreading of a 1974 law that allows for temporary trade restrictions due to “large and serious United States balance-of-payments deficits.” That is not the same as the balance of trade, which...

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