There's a new tariff in town
Today, Explained
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Tariffs and Trade: Trump's Economic Strategy
This chapter examines the implications of appointing a pro-tariff U.S. trade representative under Donald Trump's administration. It contrasts traditional free trade approaches with Trump's strategy of imposing tariffs to address trade deficits and revive American manufacturing jobs. The chapter also highlights the mixed reactions among economists and the shifting dynamics of international trade relations resulting from these policies.
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