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Trump's Economic Policies Could Spark Recession, Poll Shows

4/29/2025

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Summary

Story summary

President Trump's second-term economic policies may trigger a recession, with estimates between 50% and 70%.
Tariffs have raised consumer costs, with 60% of Americans experiencing higher living expenses.
Consumer confidence is waning; a CNN poll indicates 59% feel Trump's policies have harmed the economy.
Business uncertainty is causing reduced spending and lower earnings forecasts.
Shipments from China to the US have decreased by over 60% since tariff implementation.

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Story summary

President Trump's second-term economic policies may trigger a recession, with estimates between 50% and 70%.
Tariffs have raised consumer costs, with 60% of Americans experiencing higher living expenses.
Consumer confidence is waning; a CNN poll indicates 59% feel Trump's policies have harmed the economy.
Business uncertainty is causing reduced spending and lower earnings forecasts.
Shipments from China to the US have decreased by over 60% since tariff implementation.