Trump, tariff
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The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared.
University of Michigan professor Justin Wolfers updated the "TACO" acronym and expressed his concern about what could be about to happen.
President Donald Trump doesn't like his new nickname 'TACO'. Here's why people are calling Trump TACO and the meaning behind the TACO trade acronym
Trade policy in the United States has been in flux in recent months. A theoretical analysis of recent increases in U.S. tariffs, including potential retaliatory tariffs by other countries, suggests a resulting drop in overall U.
The tariff hikes present risk to business as total inflation-adjusted spending drops. For likely tariff rates, up to maybe 30%, economic growth will slow but drop into recession.
Tariffs, and Trump’s entire economic agenda, were just thrown into chaos Analysis by David Goldman, Phil Mattingly and Matt Egan, CNN 7 minute read ...
Economists at Oxford Economics reduced their projected chances of a recession in the next year to 35% Thursday, though still over the baseline 15% chance of a recession in any given year.
China uses a tariff like strategy of currency manipulation as it's key economic strategy. The Yuan is trading at 7.207 per $ USD . It should be at 3.5 per $ USD .
President Trump said the U.S. will impose steep levies on imports from 20 countries starting next month, raising pressure on trading partners.