Will August bring a wave of trade deals or a hike in tariffs?
Marketplace All-in-One
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Tariffs, Trade, and Economic Tensions
This chapter examines the implications of the upcoming tariff increases by the Trump administration, reflecting on contrasting expectations among investors and consumer behavior amid fears of inflation. It also discusses the President's interactions with the Federal Reserve and recent fiscal decisions, such as the passage of a rescissions package and its potential impact on spending dynamics in Washington. Additionally, the chapter highlights significant changes to the SNAP program, emphasizing the challenges faced by many families relying on this support amid new work requirements.
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