Tariff Turmoil: Analyzing Trade Impacts

This chapter examines the implications of recent tariff policies proposed by the Trump administration, focusing on their potential negative effects on global trade and economic stability. The discussion highlights concerns over the misinterpretation of trade balances, the uncertain response from corporate executives, and the cascading repercussions across various sectors, particularly those reliant on imports. Ultimately, the chapter concludes that these tariffs may lead to rising consumer prices and threaten the overall growth of the economy.