Category: Top News

Trade woes to shave 0.3% from U.S. GDP by 2020: congressional budget experts

WASHINGTON (Reuters) – Higher trade barriers, including President Donald Trump’s tariffs, are taking a toll on the U.S. economy as rising domestic prices reduce consumers’ purchasing power and increase the cost of business investment, congressional budget experts said on Wednesday. The nonpartisan Congressional Budget Office said changes in U.S. and foreign trade policies since January […]

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