According to the ISM, the U.S. economy continues to expand, despite the “great uncertainty” caused by Trump-era tariffs, which are also contributing to rising inflation.
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U.S. economy is still growing, ISM says, even as Trump tariffs generate ‘great uncertainty’ and fuel further inflation
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It’s interesting to see that the U.S. economy continues to show signs of growth despite the challenges posed by Trump tariffs. The report from ISM highlights the resilience of the economy, but it also raises important concerns about the “great uncertainty” these tariffs create. Inflation can be a significant burden on consumers and businesses alike, making it crucial for policymakers to address these issues. It will be important to monitor how these tariffs and associated inflation impacts various sectors in the coming months, and whether the growth momentum can be sustained in the face of such challenges. How do you think the government should respond to mitigate these effects?