Economic Growth Forecasts Decline Amid Trump Tariffs

Reported about 5 hours ago

Recent disappointing economic data has led economists to lower their forecasts for the first quarter growth, with projections indicating a potential GDP decline of 2.8%. Manufacturing activity has cooled, and uncertainty surrounding President Trump's impending tariffs on Canada and Mexico is further straining business activity. Analysts caution that if the tariffs are enacted, the situation could worsen, impacting prices and manufacturing significantly.

Source: YAHOO

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