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The Tariff Debate

Foreign Policy Live

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Analyzing Tariffs: Economic Impact and Trade Policy

This chapter examines the economic implications of the tariffs enacted by the Trump administration, highlighting their negative effects on lower-income households and American production. It discusses the complexities of tariff implementation, the necessity for strategic approaches, and critiques the obsession with trade deficits. Additionally, the chapter addresses the role of the World Trade Organization in resolving trade disputes and the need for balanced trade policies.

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