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Tariffs and Turbulence
This chapter analyzes the shifting political landscape following a State of the Union address, focusing on perceptions of Biden's presidency and Trump's controversial tariff policies. It examines historical examples, like the Smoot-Hawley Tariff, and their economic implications while discussing the nuances of trade wars and market fluctuations. The conversation highlights the potential confusion surrounding tariffs and their broader effects on sectors like agriculture, suggesting future challenges amidst ongoing political unrest.