Trump's tariff gambit will raise the stakes for an economy already looking fragile

President Donald Trump is preparing to announce broad-based tariffs on imports in an effort to jumpstart the U.S. economy, facing low consumer sentiment and investor concerns. The administration’s plan is to implement “reciprocal” tariffs against trading partners, aiming to reduce the U.S. trade deficit and boost domestic manufacturing. While details remain unclear, Trump’s strategy is to negotiate for a fairer trade landscape, potentially leading to short-term challenges but long-term economic benefits.

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