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Tariff Troubles: The Impact on U.S. Manufacturing
This chapter delves into the complexities of U.S. trade policy, particularly focusing on tariffs imposed during the Trump administration and their effects on manufacturing, specifically in the bicycle industry. It examines how these tariffs have forced companies to reconsider their sourcing decisions, leading to challenges in profitability and the exploration of alternatives outside China. The conversation highlights broader implications for international supply chains, trade deficits, and the potential inflationary effects of shifting trade flows.