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Trump's New Economic Advisor Advocates for 20% Tariffs: Can It Boost US Economy?

2025-01-12

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Trump's New Economic Advisor Advocates for 20% Tariffs: Can It Boost US Economy?

As a newly appointed economic adviser to Trump, Stephen Miran has made a compelling case for implementing 20% tariffs, arguing that it can stimulate US economic growth and increase national wealth. With many economists opposing protectionist policies, Miran's stance is notable. The concept of tariffs has been a contentious issue, with some arguing it can lead to a trade war, while others believe it can create jobs and boost domestic industries. As the US navigates its trade relationships, the impact of tariffs on international trade and global markets remains a significant concern. Key economic indicators will be closely watched as this policy unfolds. ...Read more

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