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US imposes new tariffs on China

When the Second World War came to an end in 1945, America began spearheading efforts towards a liberal global trading system.

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When the Second World War came to an end in 1945, America began spearheading efforts towards a liberal global trading system.

It meant a lot less government control over trade and more economic growth. But things seem to be changing now with the US apparently abandoning the leadership of global economy.