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Tariffs and Trade: A Double-Edged Sword
This chapter explores the intricacies of reciprocal tariffs and their effects on international trade, particularly in relation to U.S. manufacturing. It highlights the short-term economic challenges versus long-term goals, while incorporating various expert opinions on the effectiveness of tariffs. Additionally, the chapter examines historical patterns and the potential consequences of new tariffs, including inflation and shifts in consumer behavior.
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