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Planet Money
Planet Money

Tariffs: What are they good for?

Apr 2, 2025 · 23m
AI Summary
  • Mainstream economists historically opposed tariffs, but Trump administration economists argue they can correct trade imbalances and serve policy goals
  • Features debate between free-trade advocates and economists who believe tariffs can leverage U.S. economic power for strategic advantage
  • Examines how tariffs function as both economic tools and political instruments for reshaping global trade relationships

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