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Bill Maher Admits He Was Wrong About Trump on Tariffs, Doesn’t ‘See a Country in a Depression at All’

UNITED STATES, JUL 29 – Comedian Bill Maher conceded his incorrect prediction as the stock market hits record highs amid Trump’s tariff-driven trade deals boosting the U.S. economy, analysts say.

  • President Donald Trump and European Commission President Ursula von der Leyen announced a trade deal threatening a 30% tariff on most EU goods, avoiding a broader trade war by August 1, 2025.
  • Earlier this month, President Donald Trump imposed tariffs on the EU and indicated that if no deal was reached by Aug. 1, the EU risked 30% levies.
  • Economic indicators reveal U.S. jobless claims sank, retail sales rebounded 0.6% in June, and the stock market is at record highs.
  • Investors showed greater confidence in the agreement than European trading partners, as France’s prime minister called it a “submission” and Olivier Blanchard described it as a “defeat,” while Trump’s strategy secured U.S. firms free access.
  • Amid broader shifts, U.S. tariffs will generate $700 BILLION in annual revenue and secure $250 billion in EU LNG purchases, highlighting American economic strength.
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cer.eu broke the news in on Monday, July 28, 2025.
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