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18th of November 2018


The economic data don't show it, but many U.S. firms at home and in China are feeling the pain of tariffs

Spurred in part by the corporate tax overhaul, Marc LeBaron, the owner of Lincoln Industries in Lincoln, Neb., ordered a top-of-the-line metal-fabricating machine for $1.5 million late last year. It was a large and, as far as he could see, smart investment for his company, which had grown to 1,300 employees from a humble one-man shop started by his father in 1952, polishing and replating silver teapots and car hood ornaments.

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