
Trade Historian Douglas Irwin on Trump's Unprecedented Tariff Shock
WSJ Opinion: Potomac Watch
Tariff Turbulence: Economic Ripples
This chapter examines the dramatic rise in tariffs on imports in the U.S., highlighting the increase from 2.4% to 24% and its implications for the economy. It discusses the potential slowdown in GDP growth and the challenges faced by local manufacturers due to elevated costs and changing regulations.
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