13min chapter

GZERO World with Ian Bremmer cover image

What Donald Trump's second term will mean for the US economy

GZERO World with Ian Bremmer

CHAPTER

Tariffs, Trade, and Economic Implications

This chapter examines the economic consequences of imposing tariffs, particularly on China, amidst high inflation in the U.S. It highlights the historical effects of tariffs on consumer prices and emphasizes the need for revised policies to support domestic manufacturing. Additionally, the chapter contrasts the benefits of foreign investment with the concerns surrounding Chinese ownership, advocating for a clearer understanding of trade dynamics in the current global economy.

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