Tariffs, Debt, and Economic Implications

This chapter explores the historical context of tariffs during Trump’s administration, assessing their intended political and economic impacts. It critiques the broader implications of the soaring U.S. national debt, the downgrade of the country’s credit rating, and the effect of tariffs on American businesses and global relations. The discussion highlights the paradox of tariffs as a proposed solution to fiscal issues while emphasizing the potential adverse consequences for both domestic and international economic stability.

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