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Will Trump back down from his threats of tariffs and trade wars? | The Bottom Line

The Bottom Line

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Tariffs and Their Impact on Consumers

This chapter examines the consequences of tariffs implemented during the Trump administration, focusing on how American consumers have primarily faced these costs. It discusses specific tariff threats against countries like Canada, Mexico, and Colombia, and analyzes their immediate market impacts. Furthermore, the conversation explores broader economic strategies, the importance of global alliances, and the potential pitfalls of an insular trade approach.

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