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"minimum 10% tariff on all imported goods and materials" certainly sounds like a way to increase costs. Increasing costs seems generally worse for an economy t
by NortySpock 2y ago
"minimum 10% tariff on all imported goods and materials" certainly sounds like a way to increase costs.
Increasing costs seems generally worse for an economy than decreasing costs.
I feel like most people could follow this logical chain of reasoning to a conclusion of "thus you have a elevated risk for an economic recession compared to the state of affairs before the tariffs."