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The American Entrepreneurs Who First Opened The Chinese Market

Odd Lots

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The Shift in Trade Power During Political Turmoil

This chapter explores the transformation of U.S. trade policy amidst the Watergate scandal, highlighting the increased authority of the executive branch in imposing trade restrictions. It reflects on how the Trade Act of 1974 set a precedent for recent presidential actions regarding tariffs and the evolving expectations of presidential responsibility in promoting free trade.

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