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Tariff Trends and Trade Policy Shifts
This chapter examines the rapid rollout of new tariffs, particularly against China and other key sectors, highlighting a marked change in U.S. trade policy compared to previous administrations. It explores the legal frameworks behind the implementation of these tariffs, particularly the International Emergency Economic Powers Act, and discusses their implications for national security and global trade dynamics. The speakers analyze how this resurgence of tariffs reflects a broader strategic pivot away from historical free trade ideals, raising important questions about the future of American trade relations.