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The Independent UK
The Independent UK
Rhian Lubin

Trump’s Tariffs and retailers’ warnings: The truth behind the US economy and whether a recession is coming

As President Donald Trump’s trade tariffs on Canada and Mexico begin, the stock markets have taken a tumble with major retailers forecasting a gloomy 2025. The economy has held strong despite some economists voicing concerns with Trump’s policy - the question now will it continue or head to a recession?

The economy under Trump’s first month in office is not what was promised on the campaign trail and it looks to be an uncertain year ahead for the average American, economists said.

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