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Nobel Laureate Paul Krugman, Brazil’s Rare Earths Bet

Wall Street Week

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The Battle for Rare Earths and Tariff Impacts

This chapter examines the competitive landscape between China and the U.S. over rare earth elements and Brazil's potential influence. It critiques past U.S. policies, particularly under the Trump administration, and their effects on the economy, highlighting labor shortages and the complexities of tariff implementation. The discussion also touches on the implications of tariffs on domestic manufacturing, trade relations, and the evolving auto industry amid automation trends.

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