Tariff Turmoil: Impact on Trade and Markets

This chapter explores the far-reaching effects of U.S. tariffs on a Michigan-based company, illustrating challenges posed by steel and component tariffs. It highlights concerns over increased costs for consumers, stock market instability, and the interconnectedness of global trade. Furthermore, the discussion reflects on the implications of these tariffs for both American consumers and the broader economy, drawing historical parallels with past trade policies.