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Tariffs

Are tariffs a problem or a solution for the United States economy?

( In your answer, find a news source that describes a recent tariff enacted or proposed by either the Trump or Biden administration and provide an overview of trade for the U.S. including major trading partners and overall trends in trade flows. Find two opinion articles on US trade policy with one written by a professional economist on this topic with both making normative claims. Compare and contrast the two articles and provide a complete citation for all articles used in your answer. In your summary, be sure to state and define two economic terms that you used and explain the graphical representation of a tariff in a competitive market (underline each concept that you defined in your answer).

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