The spat over VAT
The Indicator from Planet Money
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The Impact of Tariffs on the U.S. Economy
This chapter delves into the multifaceted nature of tariffs and their effects on the U.S. economy. It highlights both the strategic use of tariffs for national security and negotiations, while cautioning against their indiscriminate application due to potential negative repercussions like higher consumer prices and strained international relations.
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