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Can the World Count on ‘TACO’ Anymore?

Trumponomics

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The Rise and Impact of U.S. Tariffs

This chapter explores the dramatic rise in U.S. tariff rates from 2.5% to around 15%, the highest since the 1930s. It examines the potential economic repercussions, including recession risks, and how past and future tariff changes may influence growth and prices.

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