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The Trump economy: No recession, but no boom either

Despite concerns over inflation due to President Trump's tariffs, the economy has neither entered a recession nor experienced significant growth. With ongoing trade uncertainties and a focus on affordability, the political landscape is expected to intensify around economic issues as Trump seeks to restore pre-pandemic growth levels.

The Trump economy: No recession, but no boom either

Credit: Emily Elconin/Reuters

Key Highlights

  • President Trump was reelected with a promise to revive economic growth.
  • Tariffs on imports were intended to reduce the trade deficit and support U. S. manufacturing.
  • Predictions of rising inflation from tariffs have not materialized.
  • The political debate on economic affordability is anticipated to increase this year.
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Sources

  1. The Trump economy: No recession, but no boom either

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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