Tariffs and Trade Tensions: A Historical Shift

This chapter outlines the significant increase in U.S. tariffs, the highest since the 1930s, with a focus on the implications for consumers and international trade. It discusses the current challenges faced by importers, the potential repercussions for the U.S.-Mexico trade relationship, and the broader effects on global supply chains. Additionally, the chapter highlights recent news events and forecasts for severe weather, contrasting the economic and environmental challenges facing the nation.