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Tariff Tensions and Demand Dynamics: How Elasticity Shapes the Fallout
April 13, 2025by Dr Dawkins Brown
In today’s volatile global economy, tariffs—once simple tools of trade regulation—have evolved into powerful levers of geopolitical influence. With U.S. tariffs on Chinese imports reaching up to 145% and China responding with tariffs ranging from 84% to 125%, businesses and consumers are feeling the shockwaves. But not all goods respond the same way. The critical...
