Mia and Gare discuss the effects of Trump's proposed tariffs and why they're probably going to be worse than economists are projecting.

Book Link: https://chuangcn.org/journal/one/

Sources:

https://chuangcn.org/2019/12/trade-war-or-redistribution

https://chuangcn.org/journal/one/no-way-forward-no-way-back/

https://chuangcn.org/journal/two/picking-quarrels/

https://www.donaldjtrump.com/agenda47/agenda47-cementing-fair-and-reciprocal-trade-with-the-trump-reciprocal-trade-act

https://chuangcn.org/2020/06/measuring-profitability/

https://chuangcn.org/2019/08/the-changing-geography-of-chinese-industry-data-brief/

https://www.cnn.com/2024/02/04/politics/china-trump-tariffs-taiwan/index.html

https://yeutter-institute.unl.edu/who-has-authority-impose-tariffs-and-how-does-affect-international-trade

https://www.jdsupra.com/legalnews/china-and-walmart-please-for-the-love-3729889/

https://www.americanprogressaction.org/article/trumps-tariff-would-cost-the-typical-american-household-roughly-1500-each-year/

https://taxfoundation.org/research/all/federal/trump-tariffs-biden-tariffs/

https://budgetlab.yale.edu/research/fiscal-macroeconomic-and-price-estimates-tariffs-under-both-non-retaliation-and-retaliation

https://www.economist.com/the-americas/2024/11/07/donald-trump-is-poised-to-smash-mexico-with-tariffs

https://www.vox.com/scotus/383884/supreme-court-donald-trump-tariffs-inflation-economy