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His shoes go for an average of around $220 a pair, he said. “Say I pay $100 to have a pair of shoes made in China,” he said. “With the tariffs, that shoe now costs $150 or more [to make].
An industrial plan China rolled out a decade ago that was criticized by the U.S. as protectionist has been highly successful in narrowing China’s technological gap with the West, a new study finds.
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