
Americano: are Trump's tariffs really that bad?
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The Economic Riptide of Trump's Tariffs
This chapter explores the complex implications of tariffs imposed by the Trump administration on both domestic and international economies, particularly focusing on the reactions from economists across the political spectrum. It critically analyzes the potential repercussions for American consumers and the possible benefits for U.S. industry, while questioning the effectiveness of these protectionist measures. Furthermore, the discussion considers the broader effects on trade relationships, especially with allies like Canada and the EU, and the risks involved in prioritizing tariffs over cooperative trade policies.
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