Reported 4 days ago
President Trump's economic strategy may extend beyond tariffs, with the 'Mar-a-Lago Accord' potentially aiming to devalue the US dollar and reshape global trade dynamics. Economists caution that such moves could destabilize the economy and undermine investor confidence, emphasizing that tariffs might be a less damaging approach amid concerns over rising trade deficits. The long-term ramifications of such bold changes could include higher prices, increased interest rates, and significant disruption to the financial markets.
Source: YAHOO