2024 election may bring changes to US tariff policies and manufacturing supply chains away from China.

Both Trump and Biden have used tariffs to protect American manufacturing from foreign competition. Trump imposed significant tariffs during trade wars, while Biden has maintained and expanded these tariffs. Economists warn that tariffs can lead to higher consumer prices and may not effectively boost the economy. James Vanderloo discusses how the upcoming election will influence tariff policies and the manufacturing sector, suggesting a potential shift in supply chains away from China.

October 23, 2024
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