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Trump Defends Tariffs, Attacks Chips Act & German Defense Game-Changer

Bloomberg Daybreak: Europe Edition

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Trump's Tariff Talk and Global Economic Shifts

This chapter examines President Trump's defense of his tariff policies, emphasizing their role in restoring American prosperity despite potential economic drawbacks. It also highlights global developments, including Germany's increased defense spending and China's growth targets, while discussing the implications of reciprocal tariffs and market reactions. The chapter situates these events within the broader context of trade negotiations and concerns over economic stagnation.

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