Economic and Legal Case Against Trump’s Tariffs
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Four charts that explain the significance of the tariff case for the economy, the federal budget and consumers.
The U.S. economy is already feeling the effects of Trump's tariffs, and the Organization for Economic Cooperation and Development (OECD) projects that things could get worse. The OECD's biannual interim economic outlook, published on Tuesday, forecasts U.S ...
The economists are concerned that the tariff-revenue checks could create a “weird feedback loop” that justifies passing on more tariff costs to consumers, reported Fortune on Sunday. Chris Motola, a financial analyst at National Business Capital noted that if the delayed inflation or jobs reports—postponed due to the government shutdown—show signs of an economic shift, the tariff ...
President Donald Trump announced his newest round of tariffs set to take effect on Oct. 1 in a series of Truth Social posts Thursday evening. The tariffs will target pharmaceuticals, home goods and heavy trucks, and Trump said he believes the move will ...
Higher US tariffs have so far had a smaller impact globally than expected, but it would be “premature and incorrect” to conclude they have had no effect on economic growth, the International Monetary Fund said Tuesday. The IMF slightly upgraded its ...
Equities in the major indices of U.S. stock markets are trading at or near all-time highs. The Trump administration is counting on strong economic growth, 4% annual growth, and the tariffs to stabilize and reduce the federal deficit. But a 4% economic ...
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Rachel Reeves' pre-Budget tactic exposed as new graph reveals the TRUTH about incoming economic pain
A new graph has thrown Rachel Reeves' claims on the economy into question as it reveals inflation has risen since Labour came to power. The Chancellor today said inflation has been "too slow to come down",
The comments came as Republicans floated tariff-funded rebate checks and the administration expanded interventionist policies. "When it comes to economics Trump is not a conservative. He is not even a moderate. He is left of center. He is closer on the ...