Unfortunately, Trump’s decision to create a whole new set of tariffs will be bad for both the US economy and the world economy. When one cuts through Trump’s delusional poppycock about how great his new tariffs will be, it becomes clear that his new 15% across-the-board tariff will hurt consumers, corporations, factories, US trading partners and Trump’s beloved stock market. While Trump says “tariffs” is “the most beautiful word”, economists, business executives and consumers give Trump’s tariffs a thumbs down. A huge 64% of Americans disapprove of Trump’s handling of tariffs, according to a new ABC News/WashingtonPost/Ipsos poll.
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Timelapse shows change in the flow of ships in the Strait of HormuzThe Strait of Hormuz is a key artery for the movement of global energy supplies.
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