The Economy 2025: The Impacts of Tariffs, Tax Cuts and Trump
Commonwealth Club of California Podcast
Tariffs and Economic Complexity
This chapter explores the intricate relationship between tariffs and economic growth amid geopolitical uncertainties. It critiques the effectiveness of tariffs as a policy tool for enhancing economic strength, emphasizing their tendency to raise consumer prices without delivering on promised benefits. The discussion highlights the need for a nuanced understanding of economic policies in a tumultuous global landscape, particularly focusing on U.S. foreign policy and its implications for international relations.
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