Want evidence Trump's tariffs are upending the global economy? Here it is

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Want evidence Trump's tariffs are upending the global economy? Here it is | CNN Business

//business-finance.news-articles.net/content/202 .. -the-global-economy-here-it-is-cnn-business.html

Published in Business and Finance on Tuesday, April 22nd 2025 at 7:20 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Ever since President Donald Trump introduced his first set of higher tariffs, it's been a waiting game to see just how big an impact they'll have on the global economy.

2025-04-22 312 x 208 / 59337 Bytes

The article from CNN, published on April 22, 2025, discusses the impact of former President Donald Trump's tariffs on the global economy. It highlights that while Trump's tariffs were intended to protect American industries and reduce trade deficits, evidence suggests they had mixed results. The tariffs led to increased costs for American consumers and businesses, retaliatory measures from other countries, and disruptions in global supply chains. Some sectors, like steel, saw short-term benefits, but overall, the tariffs did not significantly alter the trade deficit and may have slowed economic growth. The article also notes that the debate over the effectiveness of tariffs continues, with some economists arguing for more targeted trade policies.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/04/22/economy/tariffs-trump-global-economy-evidence/index.html ]