news.google.com on Nostr: nostr:note164fl69dn6hwwhzc3sftl0tkxd0wdwrafdrnx57803nu3qdvwdehqmq7dvf

quoting note164f…7dvf

The Negative Impact of Protectionist Policies on the American Economy
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#6154f708 ver:0.26

Protectionist trade policies, like tariffs, have had a negative impact on the American economy. Sea Eagle Boats faced a 25% tariff, leading to increased costs and less competitiveness. Trump's tariffs decreased employment and raised prices. Biden has maintained many tariffs, but a nuanced approach is needed. Tariffs have complex effects on industries like auto and chip manufacturing. The focus should be on protecting domestic interests while minimizing negative impacts. Moving beyond capitalism is key to prioritizing the working class. #Protectionism #Tariffs #TradePolicies #AmericanEconomy...

#newstr #Protectionism #TradePolicy #Tariffs #DonaldTrump #UnitedStates #China

https://here.news/story/6154f708?ver=0.26