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Leverage in the U.S. & China, Affirm CEO Max Levchin 5/9/25

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Economic Sentiments and Trade Dynamics

This chapter explores mixed consumer sentiments amidst economic uncertainty, highlighting ongoing shopping habits despite concerns. It discusses proposed tax policy changes under the Trump administration, including potential increases for high earners, and examines the implications for small businesses. Additionally, the chapter covers recent trade negotiations, particularly between the U.S. and U.K. and U.S. and China, shedding light on tariff structures and economic security.

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