It used to be that economies prospered if they could produce goods more efficiently than their competitors. Now, the competitiveness of their exports to the world’s largest economy will be dependent on the tariff the US imposes.
https://www.brisbanetimes.com.au/business/the-economy/whack-a-mole-comparative-advantage-is-being-redefined-by-trump-s-trade-war-20250707-p5mczh.html?ref=rss&utm_medium=rss&utm_source=rss_business#brisbanetimes
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