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Trade War Truce: Crisis Averted or Just Delayed?

Many Happy Returns

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Tariffs and Trade Dynamics

This chapter delves into the complexities of relying on tariffs for revenue generation and the potential demand shocks associated with significant import hikes. It explores the intricate trade relationships between the US, Canada, Mexico, and the EU, highlighting the risks of new trade blocs forming in response to US tariffs. The conversation emphasizes the need for a balanced approach amidst evolving global trade strategies and internal EU dynamics.

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