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@gregory-1967
The tariffs that Trump is set to impose today are expected by Goldman Sachs to reduce economic growth by 0.5% and increase household costs by 3%. Additionally, despite the worsening trade deficit, retaliatory actions by other countries could significantly deepen the trade balance deficit. https://us.cnn.com/2025/04/02/business/liberation-day-trump-tariffs/index.html
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