Trump’s Tariff U-Turn (with Justin Wolfers)
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Tariffs, Trade, and the American Economy
This chapter examines the ramifications of imposing substantial tariffs on Chinese imports and the strategic considerations involved in such actions. It discusses the balance between national security and economic interdependence, especially regarding critical industries, while exploring the broader effects on global trade dynamics and the American manufacturing sector. Additionally, the chapter addresses the complexities of the bond market and how growing distrust in US investments could impact taxpayers and the overall economy.
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