The U.S. economy faces the risk of higher unemployment and rekindled inflation amid President Donald Trump’s chaotic trade war, the Federal Reserve said Wednesday as it left borrowing rates unchanged.
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US should never impose a single tariff on any country because it is totally stupid and reckless! Tariffs should be carefully tailored to specific materials, components, technologies etc. Imposing single tariffs will definitely kill US manufacturing industries across the board!
In other news, American democracy faces the risk of extinction because President Donald Trump is noncommittal about "upholding the Constitution." But covering that story like the five-alarm fire it is would be liberally biased.
If it doesn’t cause higher unemployment, inflation, or a recession, that’d be impressive. It'd be a testament to America - and surely a lesson to the left: if dumbarse Trump can't break the US economy, you're good. Be ruthless and comprehensive when you get into power.
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