Trump's Economy Struggles

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trade policy changes

CBS News

•

US Politics

Trump promised an economic revival. In his first 100 days he's falling short, some economists say.

Summary

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82% Informative

President Trump 's signature policies on trade, immigration and government spending have not only failed to spark economic growth.

They're contributing to a sharp contraction in activity and threaten to re-ignite inflation, data shows.

Economists warn that the U.S. could slip into a recession due to the impact of Mr. Trump 's tariffs.

Americans are skeptical about Mr. Trump 's vow to tackle inflation, with 63% saying his policies will cause grocery prices to go up.

55% of respondents said he doesn't have a clear plan for tariffs and trade.

So far, inflation data shows that price increases AAAin March , down from 2.8% in February .

Many economists forecasts that inflation will pick up later this year .

"We want Trump to succeed — in criticizing this trading policy, it's the policy we're criticizing," Sen. Gramm said. "I don't believe the president can achieve what he wants to achieve for America unless his trade policy changes.".

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful