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Tariff Implications and Economic Strategies
This chapter analyzes the proposed tariffs on imports from Canada and Mexico, highlighting potential economic impacts such as increased prices on essential goods and effects on the auto industry supply chain. It contrasts the tariff strategies of the Biden and Trump administrations, discussing the importance of targeted versus indiscriminate measures in trade policy. The chapter also addresses the implications of trade wars and congressional roles in managing federal spending, emphasizing the need for strategic economic tools to support American workers.