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When Donald Trump insults other countries, he is actually hurting American firms. They now have an image problem abroad thanks to the president. Coca-Cola, Kraft Heinz, Tesla: all are enduring boycotts by foreigners.
At home, meanwhile, Mr Trump wants to hurry his deficit-financed tax-cutting bill through Congress. Most Republicans seem ready to oblige. But running up the deficit this way is foolish. America might be in for a bond-market bruising. | 
