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Summary President Biden recently hiked tariffs on $18 billion worth of imports from China, and former President Trump has vowed to implement a 60% tariff on China and an across-the-board 10% tariff on other trading partners should he return to the White House in 2025. What effects would these tariff increases have on the U.S. […]

The post Stagflation from Higher Tariffs: 1970s Redux? appeared first on Action Forex.

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02/04/2024

New Quarter Starts on a Hawkish Note

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