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Bloomberg Businessweek Weekend - July 19th, 2024

Bloomberg Businessweek

Bipartisan Tough Stance on China and Implications for the U.S. Economy

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The chapter delves into the alignment of Democrats and Republicans in adopting a tougher approach towards China, predicting minimal policy differences between a Trump and potentially a Biden administration. It explores the impact of increased defense spending, concerns about inflation due to Trump's policies, and the regressive nature of tariffs on the U.S. economy and citizens.

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