Tariffs, Trade, and Transition: Navigating Economic Challenges

This chapter explores the potential actions Congress could take to mitigate the impact of tariffs on American businesses, advocating for 'circuit breakers' in tariff laws for greater legislative oversight. It discusses the complexities of economic disruption amid trade competition, the challenges of current worker support programs, and the growing need for domestic migration to address labor shortages. Additionally, the chapter highlights the intricacies of the U.S. economy post-pandemic, focusing on inflation, housing market dynamics, and the effects of government stimulus on entrepreneurial activity.