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U.S. foreign trade and global economic policies have changed dramatically during the past two centuries. Since the Great Depression and World War II, the country has sought to reduce trade barriers.
U.S. trade deficits have grown larger since the 1980's and 1990's as the American appetite for foreign goods has outstripped demand for American goods in other countries.
The United States has not always been an advocate of free trade. At times throughout history, the country has had a strong impulse toward economic protectionism by using tariffs to limit imports of foreign goods in order to protect American industry...
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