In a bold warning, expert David Firestein, president and CEO of the George H. W. Bush Foundation for U.S.-China Relations, has cautioned that President Trump's sweeping "reciprocal tariffs" could send shockwaves through the U.S. economy. 🚨 According to Firestein, this tariff policy might lead to rising inflation, job losses, a weakening dollar, and even the risk of a recession.
This perspective adds to a growing chorus of concerns about potential ripple effects on everyday Americans, investors, and global markets. Whether you're a student, young professional, or adventurous traveler, staying informed about these economic signals is key to navigating a changing landscape. Keep your eyes peeled for updates! 📉
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Expert: Trump's 'reciprocal tariffs' could destabilize U.S. economy
cgtn.com