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Real World Economics: The flaws in Trump’s ‘liberation’ reasoning on tariffs

  • President Donald Trump announced reciprocal tariffs, claiming they are 'kind' to foreign countries and will help create millions of jobs.
  • These tariffs aim to open new markets for American exports and protect American jobs from offshoring.
  • Hyundai announced a $21 billion investment in the United States, including a new steel plant in Louisiana.
  • Trump's tariffs could potentially create millions of new jobs while reshoring factories.
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Trump has announced his plan to impose taxes on virtually every country. Although he denounced that we do not live in a world with free trade and that countries should withdraw their tariffs to the United States, the consequences of this decision are virtually unpredictable.

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Bias Distribution

  • 86% of the sources lean Right
86% Right
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Página/12 broke the news in Buenos Aires, Argentina on Thursday, April 3, 2025.
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