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“That's a lot. That's like the economy of losing Japan's…” — Cato Audio at 37:15

“That's a lot. That's like the economy of losing Japan's economy to the world. And for emerging markets and developing countries, the numbers would be in the double digits, like 11% to 12%. So they would lose the most from fragmentation of world trade into blocks. So we were sounding the warning that this would be…”

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