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Trump presses advisers for tariff escalation ahead of April 2, Washington Post reports

  • Tariffs are causing concern for small businesses and families in Pittsburgh, affecting prices and finances, according to local brewers and grocery store owners.
  • Nippon Steel's proposed purchase of U.S. Steel includes over $20 billion in investments and could create thousands of jobs in the region.
  • President Donald Trump believes tariffs will create more economic opportunities, but higher tariffs may lead to inflation and hurt consumers, according to economists at Morgan Stanley.
  • Economists warn that pursuing multiple objectives with tariffs could lead to stagflation, where economic growth stagnates while inflation rises.
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gasleesun.com broke the news in on Thursday, March 27, 2025.
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