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Trump Moves Ahead With 104% China Tariffs

Balance of Power

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The Impact of Tariffs on U.S.-China Trade

This chapter examines the newly announced tariffs aimed at reviving U.S. manufacturing and wages, discussing their potential effects on trade volume and government revenue. Expert insights highlight concerns over rising tariffs leading to reduced imports and the complexities of their impact on inflation and consumer prices. The chapter also explores the implications of a significant 50% tariff on Chinese goods and the broader objectives of U.S. trade policy.

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