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Trump’s trade war could lead to debt war, increasing interest rates, former White House OMB warns
As the U.S. imposes tariffs, retaliation from other countries may extend beyond reciprocal duties, according to Peter Orszag, former director of the Office of Management and Budget (OMB), wrote on U.S. media on February 13.
Orszag warned that the trade conflict could escalate in unforeseen ways, such as foreign gover....
Orszag warned that the trade conflict could escalate in unforeseen ways, such as foreign gover....
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