The Unintended Consequences of Trump’s Tariff Strategy
Trumponomics
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Trump's Tariff Tactics: Unintended Consequences
This chapter examines the ongoing effects of tariffs imposed during the Trump administration, specifically how they alter trade dynamics with countries like Switzerland and impact American consumers. It discusses the unexpected depreciation of the dollar and its effects on global markets, including capital inflows to emerging economies and China's export capabilities. Additionally, the chapter highlights individual cases, such as Mexican tomato growers, to demonstrate the real-world implications of these tariff strategies on industries and supply chains.
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