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U.S.-China Tech Rivalry: Tariffs and Trade Implications
This chapter explores the growing competition between the U.S. and China in artificial intelligence and manufacturing, highlighting the disruptive effects of agile startups on American industries. The conversation addresses tariff policies, their historical context, and the complex relationship between automation, employment, and trade. Solutions for economic challenges are considered, including raising the minimum wage and adjusting corporate tax rates to secure domestic manufacturing and intellectual property.