Trade Wars: The end of globalisation?
IFS Zooms In: The Economy
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The Evolution of U.S. Trade Policy
This chapter explores the historical development of global trade agreements, culminating in the establishment of the World Trade Organization. It examines how U.S. trade policy has shifted through various administrations, particularly in response to economic pressures and technological advancements, and highlights the significant impact of tariffs on trade relations, especially with China. The discussion emphasizes the broader implications of these policies on job security, supply chains, and the manufacturing landscape in the U.S.
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