Here’s how US cities will be devastated if Trump launches his trade war

“Municipalities are definitely in worse condition than they were in 2007 and 2008,” Mayra Rodríguez Valladares, managing principal at financial consulting firm MRV Associates and a former analyst at the Federal Reserve Bank of New York, told Salon. “My concern is that badly needed projects that have been put off are going to become very expensive for many municipalities.”

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