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Trump pushes back on tariff criticism: ‘Don’t be a PANICAN’

  • President Donald Trump has stated, 'The United States has a chance to do something that should have been done DECADES AGO' regarding his tariffs, designed to boost the economy despite concerns about potential harm to consumers.
  • The S&P 500 fell 1.4%, as the stock market experienced its worst week since March 2020 following Trump's tariff announcement.
  • Goldman Sachs raised the odds of a U.S. Recession occurring within the next 12 months from 20% to 35%, citing the impact of tariffs.
  • Federal Reserve Chair Jerome Powell indicated that the central bank will pause interest rate changes until the effects of Trump’s tariffs are better understood.
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  • 40% of the sources lean Right
40% Right
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TF1 INFO broke the news in on Monday, April 7, 2025.
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