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E74. Tariffs, DOGE, and Heated Debates: Trump, Elon, and Government Overhaul

Drunk Real Estate

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The Burden of Tariffs

This chapter explores the economic effects of tariffs, emphasizing how they ultimately burden consumers rather than benefiting the economy. It discusses findings from the Bureau of Economic Research regarding the U.S.-China trade war and the strategic use of tariffs in international relations. Additionally, the chapter delves into the implications for inflation, consumer behavior, and the balance needed between protecting domestic industries and maintaining strong trade partnerships.

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