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Tariff hikes on certain Chinese-made products
This Economics Global/International Internal Assessment commentary explores the interdependence between the United States and China. President Biden upheld Trump’s tariff policy, imposing hefty duties on imported Chinese products, which could escalate trade tensions between the two nations. Such policies are expected to have a negative impact on economic growth, affecting both consumers and producers. Economists argue that protective trade policies aimed at safeguarding domestic producers may not be as effective as Biden and Trump anticipate.
* The sample essays are for browsing purposes only and are not to be submitted as original work to avoid issues with plagiarism.