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2024-07-17 00:02:11

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:1.08

Economists warn that Trump's proposed tariffs and tax cuts could have negative effects on the economy, causing inflation and harming the middle class. Trump's plan includes tariffs on imported goods and a reliance on tariff revenue to eliminate income taxes, which economists deem implausible. Despite warnings, Trump's supporters believe his agenda will benefit American workers. If Republicans win in November, the Tax Cuts and Jobs Act could be extended, adding to federal deficits. Tariffs could disrupt progress in containing inflation. Portfolio adjustments may be necessary. #Trump #Economy #Tariffs #TaxCuts #Inflation...

#newstr #RepublicanWave #TaxCuts #Tariffs #Immigration

https://here.news/story/ca962572?ver=1.08
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