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The Tariff Tango: U.S. Manufacturing and Global Trade Dynamics
This chapter examines the historical context and implications of Trump's tariffs, emphasizing his push for reduced imports to foster domestic production. It explores the complexities of global supply chains, the reactions to tariff decisions targeting Canada and Mexico, and the broader implications for U.S.-China trade relations. Additionally, the discussion addresses the challenges posed by globalization, market reactions, and the strategic motivations behind these trade policies.