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2024-07-16 21:03:54

Euro Zone Bond Yields React to U.S. Jobs Data on Nostr: Economists Warn About Negative Effects of Trump's Tariffs and Tax Cuts ...

Economists Warn About Negative Effects of Trump's Tariffs and Tax Cuts
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#ca962572 ver:1.07

Economists warn that Trump's proposed tariffs and tax cuts could have negative effects on the economy, increasing prices and reducing incomes. Trump's plan includes a 10% tariff on all imports and a 60% tariff on goods from China, which could disproportionately impact lower- and middle-income Americans. Despite warnings, Trump's supporters believe his agenda will benefit workers and bring back manufacturing jobs. However, previous efforts to restrict imports did not yield desired results. GOP allies had little to say about economic challenges facing average Americans. #TrumpEconomy #Tariffs #TaxCuts #EconomicImpact...

#newstr #DonaldTrump #Tariffs #TaxCuts #Economists #Economy

https://here.news/story/ca962572?ver=1.07
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