Trump Is Holding Off on Tariffs but Betting Day 1 Moves Can Cut Energy Prices and Tame Inflation
- Donald Trump is holding off on tariffs and is betting that his executive actions can cut energy prices and tame inflation on his first day in office.
- Trump plans to declare a national energy emergency to boost electricity production and ease regulatory burdens on oil and natural gas.
- The Federal Reserve's actions and global factors have contributed to inflation, which remains a challenge for Trump as he aims to lower prices.
- Trump expressed that increasing U.S. Production of fossil fuels is critical to national security and lowering costs for consumers.
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Coverage Details
Total News Sources0
Leaning Left4Leaning Right3Center2Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 23%
R 33%
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