Trump’s Trade War Is Like Nothing America’s Ever Seen
Plain English with Derek Thompson
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Navigating Tariffs and American Manufacturing
This chapter examines the ongoing debate around tariffs and their effect on U.S. manufacturing, particularly in the context of competition with China. It critiques the traditional use of tariffs as a strategy for re-industrialization and discusses more effective approaches, such as the Bipartisan Chips and Science Act. Additionally, the chapter explores the complexities of current trade policies, the implications of the Trump administration's tariff strategies, and the challenges faced by American manufacturers amidst global economic shifts.
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