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Ep. 300: Gary Gerstle on Decoding Trump: Power & Chaos (Live at Cambridge University)

Macro Hive Conversations With Bilal Hafeez

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Trump's Tariff Turn: A Trade Reckoning

This chapter explores the evolution of Trump's tariff policies from his first term to a more aggressive approach aimed at correcting trade imbalances. It examines the implications of these tariffs for the U.S. and global economies, drawing parallels to historical policies like the Smoot-Hawley Act. The discussion also highlights internal administration conflicts surrounding alternative revenue sources and the unexpected focus on Canada, as well as the broader context of U.S. military and foreign policy.

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