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Tariffs & a “Drug War” with NEC Director Kevin Hassett 02/03/25

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Tariffs and Trade Tensions

This chapter explores President Trump's controversial trade policies, framing them as a response to a broader economic conflict rather than a trade war. It outlines the significant tariffs announced against Canada, Mexico, and China, including the expected economic repercussions and retaliatory measures from Canada. The discussion further examines the implications for multinational companies and the auto industry, focusing on potential price increases for consumers and the strain on supply chains.

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