Trump was up posting after midnight and claimed that his tariffs are causing the U.S. economy to boom.
However, current economic data and expert analysis contradict this assertion. According to the OECD (Organization for Economic Co-operation and Development), U.S. economic growth is projected to slow to 1.6% in 2025, down from 2024, largely due to the uncertainty and higher costs brought on by Trump’s aggressive tariff policies. These tariffs have raised the effective U.S. import rate to 15.4%, the highest level since 1938, contributing to rising inflation—expected to hit 4% by the end of the year—and declining exports, according to Business Insider .
Aluminum Company Sounds Alarms Over Trump's Tariffs Read More
Aluminum Company Sounds Alarms Over Trump's Tariffs Read More
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