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NOTHING IS PERMANENT EXCEPT CHANGE

  • Since early March, the U.S. and China have announced hundreds of billions of dollars worth of import tariffs on each other's goods in a mounting tit-for-tat trade standoff.
  • But while most market experts agree a trade war would be harmful to the world economy, some countries that could indeed benefit from Chinese tariffs on U.S. goods.
  • Latin American countries like Brazil and Argentina, as well as Australia, could see demand for their exports grow if China needs substitutes for U.S. goods.

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