Trump Tariffs Risk Stagflationary Crisis

Reported about 1 month ago

As the US economy shows signs of growth with job creation and stable inflation, looming trade wars initiated by President Trump with China, Mexico, and Canada could spark inflationary pressures and potential rate hikes from the Federal Reserve. Economic experts warn that these tariffs might lead the economy toward a short-term recession and destabilize the markets.

Source: YAHOO

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