Tariff Turmoil: Trade Impacts and Global Dynamics

This chapter examines the consequences of steel tariffs on employment and costs across industries, delving into the geopolitical ramifications of tariffs enacted during the Trump administration. It highlights the intricacies of international trade, including the effects on upstream and downstream sectors, as well as the interconnectedness of global markets amidst shifting trade policies. The discussion also explores the resilience of globalization in adapting to challenges, emphasizing how companies adjust supply chains to navigate tariff complexities.