Trump says he has plan to immediately lower inflation. Economists predict high tariffs and tax cuts would raise it
As Donald Trump prepares to make his economic pitch to the nation, economists have warned that key parts of his policy platform – including steep tariffs and sweeping tax cuts – would probably increase inflation and strain the US’s finances.
The Trump campaign will set out plans to “make America wealthy again” as Republicans gather in Milwaukee on Monday for the first day of the party’s convention.
About Author
More Stories
Will Trump’s tariff chaos be China’s gain in global trade wars?
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite
Revealed: Big tech’s new datacentres will take water from the world’s driest areas