
Trump’s Trade War Is Like Nothing America’s Ever Seen
Plain English with Derek Thompson
Unpacking Tariffs and Trade Deficits
This chapter critically examines the controversial tariff rates imposed by the White House, revealing the flawed methodologies influencing these decisions. It explores the complexities of trade deficits, contrasting the U.S. experience with Norway's historical context, and emphasizes the necessity for nuanced analysis of international trade dynamics.
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