Economist Warns Trump Tariffs Will Cause Significant US Economic Damage
TL;DR Summary
Apollo's chief economist predicts that the damage from Trump's tariffs will be most felt by the end of 2025, with inflation peaking around November or December due to rising consumer prices and wage pressures, potentially leading to stagflation and delaying Fed rate cuts.
- Here's when a top economist says the US will see the most damage from Trump's tariffs Business Insider
- The Economy Seems Healthy. Were the Warnings About Tariffs Overblown? The New York Times
- Trump Effect Starts to Show Up in Economy - WSJ The Wall Street Journal
- Trade Uncertainty Has a Smaller Impact on the Economy Than Feared Goldman Sachs
- Trump Trade News: Tariffs Show Up in More Economic Data Barron's
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