Trade War Consequences
The ongoing trade war is creating significant challenges for businesses, as seen with GoPro's shift from China to Mexico only to face new tariffs. Economists warn that escalating tariffs could reduce GDP by up to a percentage point and potentially cost hundreds of thousands of jobs, undermining any benefits from recent tax cuts. Public sentiment towards trade under the current administration is declining, suggesting that the economic impact is becoming increasingly apparent to voters.In this clip
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“Donald Trump, Diplomat.” | Pod Save America recording stream
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