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What impact has the increase in tariffs by the Trump administration had on the U.S. economy?
  • a)
    Increased employment rates
  • b)
    Slowed GDP growth
  • c)
    Decreased inflation rates
  • d)
    Strengthened the U.S. dollar
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What impact has the increase in tariffs by the Trump administration ha...
The increase in tariffs has contributed to slowing GDP growth in the U.S., with forecasts indicating a drop to 1.9% in 2025. This economic environment is characterized by rising inflation and mixed performances in stock markets, indicating a complex economic landscape.
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