25 Percent Tariffs Will Not Re-Shore Manufacturing
We are entering a golden age of tariffs. Once upon a time, tariffs were among the most divisive aspects of American and global politics. Then came the end of World War II and 75 years of nearly unbroken movement toward free trade around the world. Now, with the first Trump administration’s China tariffs, the Biden administration’s continuation of those policies, and the tariffs of Trump II, that period appears to be at an end.
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