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The Independent UK
The Independent UK
Justin Baragona

Trump boasted that ‘oil prices are down.’ But his former economic adviser says that could spell doom

Donald Trump Stephen Moore Oil Chris Wright Fox News

Amid the global market meltdown sparked by Donald Trump’s “Liberation Day” tariffs that have wiped out trillions of dollars of wealth in a matter of days, the president has defended his escalating trade war and the financial panic it’s unleashed by pointing to plunging energy prices.

But a former Trump economic adviser is warning that could be an ominous sign.

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