Donald Trump’s latest economic policies are set to shake up the U.S. economy, and not in a good way. Economists warn that his aggressive tariffs and cuts to the federal government could slow economic growth and push inflation even higher. A recent survey reveals that growth is expected to drop to 1.6% in 2025, while inflation could hit 2.8% by year’s end.
Businesses are already feeling the impact—rising costs, declining orders, and consumer confidence taking a hit. Meanwhile, concerns over economic data reliability are growing after Trump’s administration disbanded a key advisory committee. With markets reacting and uncertainty rising, are these policies setting the stage for a slowdown?
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Businesses are already feeling the impact—rising costs, declining orders, and consumer confidence taking a hit. Meanwhile, concerns over economic data reliability are growing after Trump’s administration disbanded a key advisory committee. With markets reacting and uncertainty rising, are these policies setting the stage for a slowdown?
WooGlobe Ref : WGA432352
For licensing and to use this video, please email licensing@wooglobe.com
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00:00In recent developments, President Donald Trump's economic policies are drawing significant attention.
00:06Economists warn that his sweeping tariffs and efforts to downsize the federal government
00:10may slow U.S. economic growth and increase inflation.
00:14A Financial Times survey indicates that these policies could reduce economic expansion to 1.6% in 2025,
00:21down from a previous forecast of 2.3%.
00:25The tariffs, targeting imports like steel and aluminum, have led to rising input costs for
00:30manufacturers and declining consumer sentiment.
00:33Consequently, inflation is expected to reach 2.8% by year's end, surfacing earlier projections.
00:41Additionally, the administration's decision to disband the Federal Economic Statistics
00:45Advisory Committee raises concerns about the reliability of economic data,
00:50crucial for investors and policymakers.
00:53These developments contribute to market volatility and fears of a potential recession,
00:57reflecting the complex landscape shaped by current economic strategies.