US EditionTrump’s Tariffs Have Already Ripped a Gaping Hole in the Economy
- Stock markets worldwide declined after China matched tariffs set by Donald Trump, indicating an escalating trade war.
- Colleen Power expressed her frustration over political and economic uncertainty affecting retirees.
- Paul Brahim noted that uncertainty scares many clients, especially recent retirees relying on cash flow from assets.
- Economists generally agree that tariffs are harmful and have caused unpredictability, which has frightened many investors on Wall Street.
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Associated Press News+31 Reposted by 31 other sources
Retirees keep their eyes on the economy as Trump's tariffs roil financial markets
With financial markets roiling as President Donald Trump unveiled his latest tariffs this week, the economy has been top of mind for many retirees.
·United States
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Coverage Details
Total News Sources44
Leaning Left18Leaning Right4Center15Last UpdatedBias Distribution49% Left
Bias Distribution
- 49% of the sources lean Left
49% Left
L 49%
C 41%
11%
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