From Campari to Louis Vuitton: The companies bowing to Trump and strengthening their US presence

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The tariff war launched by U.S. President Donald Trump against the rest of the world has had numerous negative consequences for the world’s largest economy: widespread declines on Wall Street, a worrying deterioration in the U.S. debt market, a weakened dollar, a downgraded growth forecast by the IMF for this year, and retaliatory tariffs imposed by other countries.

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