The problem with the theory behind Trump's tariffs
The Story
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Tariffs and the Shifting Global Economy
This chapter explores the complexities of U.S. tariff policies and their effects on global finance and trade. It discusses the challenges of achieving economic self-sufficiency while critiquing the romanticized view of revitalizing low-end manufacturing in America. Additionally, the chapter raises concerns about the potential consequences of shifting trade dynamics, particularly how other nations may adapt to a trading system that marginalizes U.S. influence.
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