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Trump Announces Sweeping New Tariffs. What’s Next

Big Take Asia

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Tariff Turmoil: Impacts and Implications

This chapter explores the recent tariff announcements by the president, examining their immediate implications for key industries such as pharmaceuticals and automotive parts. It highlights the divide among industry stakeholders, showcasing both support and concern over the tariffs' potential economic fallout. The discussion also emphasizes the challenges faced by economists in forecasting the long-term effects of these tariffs on global trade and consumer prices.

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