Trump Raises China Tariffs To 245%: What Will Retaliation Look Like? | Thomas Hoenig
The David Lin Report
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Tariffs, Trade, and Economic Impacts
This chapter examines how U.S. trade policies and rising tariffs could reshape global supply chains and influence the budget deficit, interest rates, and inflation. It discusses the interconnectedness of trade and fiscal policies, highlighting the risks of increased unemployment and a potential recession stemming from aggressive tariff strategies. The conversation further analyzes the Federal Reserve's response and the limitations of traditional economic indicators in understanding the complex dynamics of tariffs.
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