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Tariffs: Upside vs. Downside Successful negotiation means understanding your upside vs. downside risk and acting accordingly. In the simplest terms: the downside risk of tariffs backfiring is that we end up right where we started. The upside is potentially a century-defining investment boom. It's really that simple. At any moment, he pumps the brakes, takes them away, and we are back to where we are now. When you consider the "risk" in these terms, it seems so much more obvious why he's doing th
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