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Tariffs and Trade: A Complex Conversation
This chapter explores the recent executive orders regarding tariffs on fentanyl imports and their potential economic repercussions for the U.S. It critically examines the implications of these tariffs on domestic prices, trade relationships with Canada and Mexico, and the manufacturing sector's challenges. Additionally, it delves into the intricacies of the tariff system, including customs processes and the de minimis exception, while juxtaposing humor with the seriousness of international trade dynamics.