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Paul Romer · Apr 12, 2025

I Suspect that Xi is Not Worried

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Between Wednesday’s euphoric market reaction to the administration’s narrowed focus on a trade war with only China and the Friday’s quiet surrender exempting Chinese-made computers and smartphones from the President’s reciprocal [sic] tariffs, there was a story on Thursday about the astonishing disconnect between Trump’s belligerence and the nation’s…

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