The mistake in Trump’s tariff formula
More or Less: Behind the Stats
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Unpacking U.S. Trade Tariffs
This chapter explores the complexities and misconceptions surrounding U.S. trade tariffs, particularly those established by a major executive order. It critiques the simplistic methods used to calculate tariffs and emphasizes the disparity between theoretical economics and actual implementations. The discussion highlights the broader implications of these tariff decisions on the U.S. trade deficit and global economies.
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