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As stock market continues plummeting over tariffs, Trump spends the day at his golf course

  • President Donald Trump maintained his trade policies while at his golf course in Florida, despite concerns over tariffs affecting the economy and job growth.
  • The tariffs are expected to lead to higher prices and a potential recession, yet Trump asserted they will encourage companies to return to the U.S.
  • Trump's tariffs included a 34 percent rate on Chinese goods, prompting retaliatory measures from China and other trading partners.
  • Federal Reserve Chair Jerome Powell warned that the tariffs are likely to cause increased inflation, both in the short and long term.
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  • 39% of the sources are Center
39% Center
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Crooks and Liars broke the news in United States on Friday, April 4, 2025.
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