Tariffs and Psychological Impact

This chapter examines the psychological effects of tariff announcements on the public and markets, emphasizing the panic that significant moves can incite among anxious individuals. The discussion questions the strategic rationale behind tariffs, particularly regarding their actual purpose and implications for U.S. trade relations. It analyzes the complexities of trade negotiations, exploring whether tariffs truly aim to enhance manufacturing in the U.S. or if they're merely used for negotiation leverage.