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Tariffs and Global Trade Dynamics
This chapter examines the effects of tariffs on China and other countries, focusing on shifts in global supply chains and the emerging economic decoupling between the U.S. and China. It discusses the implications of trade deficits, the impact of a strong dollar, and the historical context of tariff policies, particularly during the Trump administration. Additionally, the chapter highlights the complexities of international trade and reflects on the public's sentiments regarding these trade policies.