
How Trump's new tariffs could tank the economy
Post Reports
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Tariffs and Their Economic Fallout
This chapter examines the economic effects of new tariffs imposed by the Trump administration, particularly highlighting the financial burden on American consumers. It discusses the disproportionate impact on lower-income families and Wall Street's reaction to the tariffs, indicating potential risks of recession. Additionally, the chapter explores the political implications, noting unexpected bipartisan resistance among Senate Republicans and a shift toward protectionism in trade policy.
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