Larry Summers: How to deal with Trump's tariff threat
Power Play
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Navigating U.S.-China Trade Tensions
This chapter explores the intricate trade dynamics between the U.S. and China, focusing on the challenges posed by tariffs and economic vulnerabilities. It discusses the implications of President Trump's trade deficit goals, the potential drawbacks of tariffs, and the shifting perceptions of the U.S. as a reliable partner for China. Additionally, the chapter highlights the reactions of the European Union and the UK amidst these tensions, emphasizing the importance of strategic navigation and maintaining alliances.
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