Money Talks from The Economist cover image

Import-extort: what to make of Donald Trump’s titanic tariffs

Money Talks from The Economist

CHAPTER

Tariffs and the U.S. Economy: A Historical Perspective

This chapter explores the historical context of U.S. tariffs, particularly during Trump's administration, and their controversial role in economic growth. It discusses potential repercussions of current trade policies, including their impact on industries like oil and gas, and the necessity for economic reforms. The chapter also reflects on the political ramifications of tariffs and the varying opinions among businesses regarding their effectiveness.

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