Particle.news
Download on the App Store
4 ARTICLES
·
last mo.

Trump’s Tariffs and Spending Cuts Raise Recession Concerns

Federal Reserve faces tough decisions as economic uncertainty grows under new policies.

An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo
Demonstrators gather outside of the offices of the U.S. Department of Education in Washington, D.C. on March 13, 2025 to protest mass layoffs and budget cuts at the agency, initiated by the Trump administration and DOGE.
Image
Trump's Rough Week Has Silver Lining

Overview

  • President Trump has implemented significant tariffs and federal spending cuts, prompting fears of slower economic growth and rising prices.
  • The Federal Reserve is expected to hold interest rates steady at its upcoming meeting but faces pressure to balance inflation control with potential recession risks.
  • Economists and businesses report declining consumer and business confidence, with key indicators such as the stock market and manufacturing showing signs of weakening.
  • Trump's administration views the current economic strategy as a necessary 'detox,' though it risks short-term pain, including higher costs for American families and potential job losses.
  • Global trade tensions are escalating, with Trump threatening further tariffs on Canada and Europe, which could strain international alliances and economic stability.