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Home World Europe

A resilient US economy can withstand the Trump tariff shock

8 May 2025
in Europe
0
A resilient US economy can withstand the Trump tariff shock
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Three years ago, US west coast ports faced congestion due to post-Covid disruptions, but now they are emptying as Donald Trump’s tariffs disrupt cargo schedules from China. While some believe these tariffs could harm trade and the economy, historical evidence suggests that the US economy can absorb shocks and recover swiftly, as seen post-Covid. The critical concern lies in whether Trump will continue to escalate tariffs, potentially leading to long-term damage akin to Brexit, or if he will back down as major trading partners resist his demands.

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Tags: EconomyResilientshocktariffTrumpWithstand
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