💨 Abstract
President Trump declined to predict a U.S. recession amid concerns about his tariff actions on Mexico, Canada, and China over fentanyl. Commerce Secretary Howard Lutnick said there will be no recession in America and that Trump's tariffs will lead to higher prices for some foreign-made goods but cheaper prices for American products. Trump imposed new tariffs on Mexican and Canadian imports last Tuesday, later exempting many imports for a month.
Courtesy: theprint.in
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