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Tariffs and Trade: Navigating Economic Challenges
This chapter explores the effects of tariffs on American automotive sales, particularly how they impact manufacturers like Ford and GM in a competitive global landscape. It draws parallels between parenting negotiation styles and trade negotiations, emphasizing the importance of setting boundaries in both contexts. The chapter also forecasts upcoming economic conditions, reiterating the need for patience as stakeholders navigate the complexities of tariff negotiations and their broader implications for the U.S. economy.