
What do Trump's 'Liberation Day' tariffs mean for you?
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Tariff Turbulence: Trump's 'Liberation Day' Plans
This chapter examines the economic ramifications of President Trump's 'Liberation Day' tariffs, contrasting his intentions with the views of mainstream economists. It explores the political dynamics and lobbying efforts as industries seek exemptions, all while raising concerns about the potential negative impact on the broader economy and consumer behavior. The discussion highlights the complexities of implementing such tariffs, the historical context of Trump's trade strategies, and the uncertain landscape for American businesses and consumers.
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