THE IMPLICATIONS OF THE UNITED STATES’ TRADE AND TARIFF POLICIES IN THE GLOBAL SOUTH
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David Olushola Adejumo & Cao Junfeng
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Department of History, University of Ibadan, Nigeria and Institute of African Studies, Zhejiang Normal University, China
Abstract
In over 200 years of the history of the United States, tariffs have been a vital aspect of the public policy and source of revenue for the U.S. government, which has led to the implementation of various trade and tariff policies from protectionism in the prewar years to trade liberalization in the immediate aftermath of World War II.