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Fed keeps interest rates unchanged despite Donald Trump pressure

World Business Report

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Tariffs and the Future of American Manufacturing

This chapter explores the nuanced effects of tariffs on domestic manufacturing, focusing on a family-owned business that strives to uphold American-made standards amidst international competition. It covers the benefits of recent tariffs in leveling the playing field, as well as the drawbacks, including increased consumer prices and challenges in export markets. The conversation underscores the interdependence of the U.S. and China and the urgent need for trade resolutions to mitigate economic stress.

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