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As Trump’s tariff deadline looms, economists see calm before the storm | Trade War

21 July 2025
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As Trump’s tariff deadline looms, economists see calm before the storm | Trade War
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Despite initial warnings of economic fallout from President Trump’s tariffs, the US economy has shown resilience with low inflation and strong employment. However, economists caution that the long-term effects may manifest as uncertainty causes firms to delay decisions, and rising tariffs could ultimately harm growth and reduce global GDP significantly.

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Tags: Business and EconomyCalmDeadlineDonald TrumpEconomistsEconomyInflationInternational tradeLoomsStormtarifftradeTrade WarTrumpsUnited StatesUS & CanadaWar
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