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Tariffs, budgets and politics: how the West is dealing with uncertain economies

The Monocle Daily

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Tariffs and Trade: A Balancing Act

This chapter explores the impact of tariffs and trade policies during the Trump administration, examining their effectiveness on trade deficits and job creation. It critiques the disproportionate burden on lower-income populations and discusses the potential for retaliatory tariffs from the EU amidst global trade tensions. Additionally, it reflects on the complexities of political negotiation and public perception surrounding fiscal responsibility in both the US and France.

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