President Trump’s tariffs, along with his push for coal energy production, have raised concerns about a potential economic downturn. Despite fears that tariffs could lead to a recession by driving up prices and affecting stock prices, Trump has stated that the tariffs are here to stay and additional tariffs will be implemented next month. While Treasury Secretary Scott Bessent and Trump himself have not ruled out the possibility of a recession, economists generally agree that trade barriers like tariffs can raise consumer prices and negatively impact economic output. Trump’s motivation for implementing tariffs is to seek help from other countries in addressing issues like illegal drugs and migration into the U.S. The threat of tariffs and rising costs are already causing concerns about the economy, as a recession could result in higher unemployment, lower profits for large companies, stock market declines, and falling home prices. Overall, the impact of Trump’s tariff plan on the economy and whether it will lead to a recession remain uncertain.
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