Trump's Tariffs Fuel US GDP Surge, Global Economy Pays Price

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News18•23-12-2025, 23:01
Trump's Tariffs Fuel US GDP Surge, Global Economy Pays Price
- •US GDP grew 4.3% in Q3, highest in two years, attributed to President Donald Trump's trade policies and tariffs.
- •Trump's actions, including new import duties, reportedly slowed global economies to boost the US.
- •Federal Reserve's growth-supportive policies, focusing on AI data centers and domestic consumption, are expected to further accelerate growth.
- •Inflation remains a concern, with food inflation at 2.9% and consumer consumption at 3.5%, exceeding the 2% target.
- •Despite a decline in business equipment orders, non-defense capital goods and US exports showed strong figures, contributing to economic momentum.
Why It Matters: Trump's tariffs boosted US GDP to a two-year high, but inflation and global impact remain concerns.
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