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Tariffs and Global Trade Dynamics
This chapter explores Klaus Schwab's vision for a fairer world in the context of tariffs and U.S. trade policies, particularly regarding China. It examines the complex interplay between tariffs, national security, and their economic implications, including revenue, inflation, and market stability. The discussion highlights the historical evolution of tariffs and their current role in globalization, emphasizing the need for strategic decision-making in trade relations.