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The Economy 2025: The Impacts of Tariffs, Tax Cuts and Trump

Commonwealth Club of California Podcast

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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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