Slate Money | That Wack-Ass Tariff Formula
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Tariffs, Trade, and the Shift in Manufacturing
This chapter explores the implications of high tariffs imposed by the U.S. on countries like Vietnam and China, drawing parallels between tariff negotiations and real estate deals. It critically examines the evolution of American manufacturing, noting that despite growth, employment has stagnated due to technological changes, and challenges misconceptions about job recovery in the sector. The discussion also considers consumer behavior shifts, environmental impacts, and the broader geopolitical context of the changing global economy.
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