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Excerpt from The New York Times -- "In a paper published Monday, Michael Waugh, a professor of economics at the New York University Leonard N. Stern School of Business, argued that China’s retaliatory tariffs were also having an effect on spending by Americans. The paper showed that parts of the United States that were most exposed to the tariffs China had put on American products in response to the trade war — including the upper Midwest, the West Coast, and parts of Texas, Kansas, Oklahoma and Nebraska — had also seen a drop in consumer spending on automobiles, as well as job creation."

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