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by adamrezich
427 days ago
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This is explicitly referenced in “A User’s Guide to Restructuring
the Global Trading System”, written November 2024 by Stephen Miran—current Chair of the Council of Economic Advisers of United States—which outlines the general ideology and strategies behind the current tariff situation. https://www.hudsonbaycapital.com/documents/FG/hudsonbay/rese... |
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It's a really complicated manoeuvre even if you're not actively trying to shoot yourself in the foot. Eg Domestic factors (automation, corporate offshoring decisions, etc) also contributed to manufacturing job loss. A weaker dollar would probably help, but isn't a silver bullet.
The main article for this post goes into this in a lot of detail.