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Editor's Pick: How Economic Warfare Impacts Energy
Six months in, President Trump's trade war has entered a new phase. Just this weekend, the European Union agreed to a trade deal that includes a promise to buy $750 billion worth of American energy products over the next three years. And this week, with the August 1 tariff deadline looming, the US and China have restarted negotiations. Trump has been using tools of economic warfare since his first term. And the Biden administration embraced policies such as steep tariffs on electric vehicle imports from China, and levying sanctions against Russia aimed at stifling its energy sector. These…
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