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Economists predict that Trump's presidency will lead to an increase in inflation of 0.7 percentage points a year
According to the Peterson Institute for International Economics report, if the tariffs mentioned during the Trump campaign are implemented, it will exacerbate the distortions and burdens caused by the tariffs imposed in the first term of the Trump administration (and maintained by the Biden administration), and cause significant collateral damage to the US economy. Mark Zandi, chief economist at Moody's, said: "If Trump raises tariffs as proposed, the economy is likely to fall into recession ver...
2024-09-11 08:31:05
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