
April 30, 2025
Letters from an American
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Economic Turmoil and Trade Strains Amid Political Blame
This chapter examines the current economic landscape in the U.S., focusing on the White House's statements that attribute GDP shrinkage to former President Biden. It contrasts significant job growth and low unemployment during Biden's tenure with ongoing problems stemming from Trump's tariffs, while also forecasting troubling developments in the shipping industry.
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