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5/15/24: Fed Says Rates Will Stay High, Biden China Tariffs, Cohen Testifies In Trump Case, UNC Cancels DEI Program

Breaking Points with Krystal and Saagar

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Tariffs, Trade, and Tensions

In this chapter, the hosts unpack the Biden administration's new tariffs targeting Chinese imports, particularly focusing on a controversial 100% tariff on electric vehicles. They discuss the wider implications for domestic manufacturing, the outsourcing of American jobs, and the complexities of fair trade practices in a globalized economy. The conversation critiques past trade policies while emphasizing the need for the U.S. to enhance its manufacturing capabilities amidst ongoing trade tensions with China.

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