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Trade Restrictions Echo Pre-WW2 Era as Economic Prosperity Faces Steep Decline Worldwide
"Dr. Arthur Laffer, Founder & Chairman of Laffer Associates and former Economic Advisor to Presidents Reagan and Trump, discusses the dangers of using trade restrictions as a political tool with Michelle Makori, Lead Anchor at Kitco News. Laffer emphasizes that trade policy should remain separate from political conflicts, arguing that trade sanctions, tariffs, and restrictions harm geopolitics and international commerce. He also examines the long-term implications of current trade policies on the U.S. dollar’s role as the world’s reserve currency.
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