It means to have been tricked, deceived, or fooled into believing something untrue or doing something you didn't intend to. It implies that someone acted with trickery or cunning to take advantage of another person.
tRUMP FAILED AGAIN - TARIFF MADNESS - They failed before and they'll fail again... He just doesn't learn from his mistakes! All of a sudden, everything's more expensive!

In the short-term, defaulting on the national debt would be disastrous. The most-recent debt-ceiling battle led to a downgrade of U.S. government-issued securities. A default would be even worse. As interest rates and the prospect of a recession rise, a missed coupon payment on U.S. Treasury securities would be catastrophic and set the stage for a global attempt to find alternatives to the U.S. dollar as the main form of currency for international trade.
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