The Trump 2.0 agenda is hitting the US economy at an increasingly fragile moment: Morning Brief
Published On Mar 4, 2025, 6:00 AM
The article discusses the economic implications of President Trump's proposed tariffs of 25% on Canada and Mexico, alongside 10% duties on China, amidst a fragile US economy. There are signs of declining consumer sentiment, increasing layoffs, and lower GDP growth forecasts, indicating that the economic landscape is less robust than during Trump's first term. The uncertainty surrounding these tariffs is causing a decline in business and consumer confidence, which is critical to economic growth.
Stock Forecasts
SPY
Negative
Given the current economic fragility and the negative impact of the tariffs on consumer and business confidence, stocks are likely to experience downward pressure. The tariffs introduce uncertainty and are expected to harm economic growth, leading investors to flee to safer assets.
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