SOTS 2nd Hour: AI Arms Race, Tariffs Hit Prime Time, Big Banks Downgraded 7/8/25
Squawk on the Street
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Tariffs and Trade Relations
This chapter examines the complexities of current U.S. tariff policies and their effects on the trade deficit, highlighting concerns about their performative nature and real impact on domestic manufacturers. It also discusses the potential implications for U.S. relationships with trading partners, particularly in light of rising influence from BRICS nations.
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