Reported about 20 hours ago
Despite the pressures of increasing tariffs, the US economy is expected to show manageable growth. Analyst Paul Eitelman highlights that while an effective tariff rate could climb to 15%, the anticipated impact on GDP growth is only about 0.6% in 2025. With earnings growth in Q1 exceeding expectations and a lowering of market anxieties, the outlook remains positive, suggesting that the economy can navigate through the current trade uncertainties.
Source: YAHOO