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The News Roundup For May 2, 2025

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Tariffs, GDP, and Economic Anxiety

This chapter examines the economic effects of recent GDP numbers in relation to tariff policies discussed in a cabinet meeting. It highlights the surge in imports as businesses brace for tariff impacts, and outlines the tangible consequences of these tariffs, such as declines in port traffic and potential consumer shortages. Additionally, the chapter evaluates President Trump's approval ratings amid a troubling economic climate and public concerns over recession possibilities.

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