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Election 2024: What Will Our Economy Look Like Under Trump or Harris?
KQED's Forum
Tariffs: Economic Tools or Political Weapons?
This chapter examines the complex role of tariffs in the U.S. economy and their impact on international trade, contrasting historical perspectives and modern political applications. The discussion highlights the varying viewpoints among economists and politicians about the benefits and drawbacks of tariffs, particularly in relation to the auto industry and consumer costs. By exploring recent administrations' policies, the chapter underscores the strategic implications of tariffs, including their potential to shape market dynamics and provoke retaliatory measures from other nations.
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