Morning Wire Inflation Cools Down & Education Department Downsizes | 3.13.25
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Mar 13, 2025 Inflation is easing as Trump's tariffs make waves in the economy, stirring political debate. Meanwhile, nearly half of the Department of Education faces layoffs, raising eyebrows about the future of educational policies. The podcast shines a light on the devastating persecution of Syrian religious minorities amidst a chaotic civil war, revealing heartbreaking realities and the complexities of U.S. foreign policy involvement. From economic strategies to global crises, the discussion covers pressing issues shaping our world.
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Inflation Cools
- Inflation slowed to its lowest rate in years, even before Trump's tariffs took effect.
- This suggests other factors are contributing to the economic relief.
Tariff Impact
- Trump's tariffs aim to boost American manufacturing, potentially lowering costs long-term.
- However, retaliatory tariffs from other countries could raise prices short-term.
EU's Targeted Tariffs
- The EU targeted tariffs on goods from Republican-led states to pressure Trump politically.
- This targeted approach highlights the political dimensions of the trade war.