Why the world can’t quit the US despite the highest trade tariffs in decades
CNA Correspondent
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Global Acceptance of U.S. Tariffs and Economic Interconnectedness
This chapter explores the global response to U.S. trade tariffs, reflecting on historical examples such as the Smoot-Hawley Act. It examines the leverage of the U.S. as the largest economy and how its relationships, particularly with ASEAN, are crucial to maintaining global economic stability.
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