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Story perspectives

Trump's Trade War Fuels Inflation and Rising Unemployment

4/15/2025

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Story summary
  • Donald Trump's trade war has intensified, driving up tariffs on Chinese goods and threatening inflation for American workers. As the U.S. economy cools, unemployment has climbed from 3.4% to 4.3%. Meanwhile, Brazil faces similar challenges, as the government favors corporate interests over worker rights, pushing through austerity measures and labor reforms.