Tariff Stockholm Syndrome
Slate Money
00:00
Tariffs, Trade, and Public Perception
This chapter explores the implications of Trump's trade policies, focusing on the establishment of a universal 10% tariff and its public reception. It examines the strategic negotiation tactics that shifted perceptions of tariffs, their varying impacts on different sectors, and the surprising continuation of these tariffs under the Biden administration. Additionally, the chapter highlights the complex relationship between tariffs, small businesses, and market dynamics, as well as the psychological effects of perceived economic losses.
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