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Fiscal Policies and Foreign Relations
This chapter examines the implications of extending the Trump tax cuts and their potential effects on U.S. debt and deficits. It further explores Trump's approach to tariffs, questioning whether they represent genuine economic strategy or political maneuvering, while analyzing their broader economic impact, particularly in relation to China and the semiconductor market. The discussion also touches on the recent political changes affecting tariffs and their potential repercussions for U.S.-China trade relations.