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This book delves into the multifaceted world of tariffs, exploring their definitions, types, purposes, and historical context within global trade.
It examines the impact of significant tariffs such as the Smoot-Hawley Tariff during the Great Depression, as well as the modern-day tariff wars, particularly during the Trump administration.
Readers will gain insights into the effects of tariffs on domestic prices, consumer choices, and international supply chains, as well as their implications for employment and economic growth.
The book also analyzes political reactions, public opinion, and responses from trading partners, offering a comprehensive overview of the complexities surrounding tariffs, trade relationships, and future trends.
With a balanced discussion on protectionism and free trade, this work serves as an essential guide for understanding the dynamics of tariffs and their far-reaching consequences on both domestic and global economies.
