Tariffs and Economic Turmoil

This chapter examines the broad implications of new tariffs on the economy and consumers, highlighting a recent drop in the stock market reminiscent of past crises. It discusses the resilience of the job market amidst these challenges while exploring the risks of stagflation and the struggles facing the Federal Reserve. Various industries are analyzed for their potential job impacts, contrasting sectors that may thrive against those expected to suffer from increased production costs.