Earlier this month, President Trump announced sweeping tariffs on imports from over 180 international locations, and consequently, economists have been warning that the percentages of the US slipping right into a recession in 2025 have risen from 25% to 47%.
Even when Trump later introduced a 90-day pause on a part of his tariff plan, economists continued to warn that the uncertainty created by see-sawing tariffs could put the brakes on financial progress.
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