Channeling Trump
Moody's Talks - Inside Economics
Tariffs and Trade Dynamics
This chapter explores the implications of a proposed 20% tariff on European goods by the U.S. and its potential effects on trade relations and negotiations. The discussion highlights the skepticism among European leaders regarding U.S. commitments, particularly under the Trump administration, and emphasizes the complex nature of international trade agreements. Additionally, the chapter addresses the intertwined issues of tax cuts, budget deficits, and the political challenges fiscal conservatives face within Congress.
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