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Global Economy Faces Turmoil Amid Rising Tariffs and Job Cuts

4/19/2025

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Story summary
  • The global economy is reeling once again, five years post-Covid-19. With a sharp decline in passenger flights to the US and stalled shipments, businesses are bracing for tough times ahead. Rising prices and job cuts loom large, all fueled by President Trump's push for higher tariff rates from Palm Beach, Florida.