This Morning With Gordon Deal This Morning with Gordon Deal April 08, 2025
Apr 8, 2025
A recent Supreme Court ruling allows for expedited deportations, stirring up legal and humanitarian debates. As economic tensions rise, Trump threatens to increase tariffs on China, affecting markets and forecasts. In a surprising twist, a survey reveals that many Gen Z employees prioritize streaming TV shows while working, raising questions about productivity. Meanwhile, severe weather wreaks havoc across the Midwest, and rising pet ownership costs prompt discussions about incorporating pets into estate planning.
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Economic Impact of Tariffs
- The stock market plunged after President Trump's tariff announcement, causing uncertainty about the economy.
- Economists are downgrading growth forecasts and predicting a potential recession due to the tariffs' impact.
Trump's Tariff Goals
- President Trump's tariffs aim to bring manufacturing back to the US.
- Businesses hesitate to invest due to uncertainty about the tariffs' duration, hindering Trump's plan.
Rising Pet Costs
- Pet costs are rising due to inflation and specialized products.
- Consider pet expenses in financial planning and estate planning.