inflation, Donald Trump
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The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies would reduce the deficit by $2.8 trillion over the next decade, but raise inflation and shrink the size of the economy.
Toyota, Honda, Subaru and other Japanese carmakers brace for a profit hit of more than $19 billion as economists flag the risk of a recession and a setback for key wage cycle
President Donald Trump’s turbulent tariffs are projected to cause a sharper slowdown in economic growth in the U.S. than expected.
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MiBolsilloColombia on MSNUS-China Trade Deal 'Done', Says President Trump, But Tariffs Remain at 55%President Trump has announced that the trade deal with China is 'done'. However, the 55% tariff on Chinese goods will remain, posing challenges for US industries.
The economy has a lot of momentum, and so if Trump truly backs off on tariffs and just calms down, you could see this expansion going another two, three years, honestly”
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The Business & Financial Times on MSNGlobal shifts, local shocks: The impact of Trump’s tariffs on the economyBy: Benjamin Opoku FOFIEThe administration of U.S. President Donald Trump implemented a series of tariffs primarily targeting China, the European Union, and other key trading partners as part of a broader protectionist trade agenda.