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Trump tariffs expected to dampen global economic growth, OECD says
Global economic growth is expected to take a hit, in part as a result of President Donald Trump’s tariffs, if major nations remain mired in unresolved trade disputes, the Organization for Economic Cooperation and Development said in a report released Tuesday.
The US economy shrank at the start of the year, restrained by weaker consumer spending and an even bigger impact from trade ...
If the Trump tariffs remain in place, the negative shocks could eclipse the economic impact of the Covid-19 pandemic. While Trump campaigned on a pledge to “immediately bring down prices ...
job losses in other industries impacted by tariffs would lead to a net negative impact on employment across the economy. Goldman Sachs economists led by Jan Hatzius reviewed historical and ...
Mattel is shifting production out of China. Evidence for the economic impact of President Trump’s trade wars is everywhere — except, for the most part, in economic data itself. Consumer ...
If the direct economic impact of the tariffs has been overstated, their overall impact has not. The worst damage came from the division of democracies into rival trade blocs. During the 1920s ...
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