Navigating Tariffs and Political Strategies

This chapter examines recent tariff rate changes by the president and the skepticism surrounding their effectiveness in addressing trade deficits. It explores ongoing negotiations between the U.S. and other nations, particularly with China and in the context of the Ukraine conflict, highlighting the complexities of forming solid trade agreements. Additionally, the chapter analyzes the political landscape leading up to the 2026 midterm elections, focusing on key legislation and the strategic decisions politicians face amid changing voter expectations.