A case of Schrödinger’s tariffs
Behind the Money
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Tariffs and Economic Resilience
This chapter analyzes the impact of recent U.S. tariffs on international trade, particularly for companies operating in Vietnam like Nike and Columbia Sportswear. It highlights the unexpected resilience of the American economy amidst initial market chaos and discusses the complex relationship between tariffs, inflation, and consumer prices. Additionally, the narrative explores the evolving perceptions among economists as U.S.-China relations improve, leading to more optimistic forecasts and the potential stabilizing effects on consumer markets.
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