
Brad Setser on How World Trade Changed In the Last Three Years
Odd Lots
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Navigating the Electric Vehicle Revolution and Global Trade Dynamics
This chapter explores the U.S. shift towards electric vehicles, focusing on the challenges of domestic manufacturing amid geopolitical tensions. It contrasts responses from China and Europe regarding trade policies and local debt, especially in light of burgeoning economic pressures. Additionally, it examines the implications of Saudi Arabia's luxury spending and how shifts in foreign exchange reserves reflect the complexities of global finance and trade.
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