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The US Trade War

Bloomberg Surveillance

CHAPTER

Tariff Dynamics and Trade Policy Shifts

This chapter explores the historical delegation of tariff-setting powers from Congress to the President, emphasizing the effects on trade policy and constituent impact. It discusses the complexities of modern trade practices, including the implications of tariffs on North American supply chains and the U.S. economy. The conversation also evaluates the economic consequences of recent trade decisions, particularly during the Trump administration, and Canada’s strategic responses to these policies.

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