Powell Warns: Trump's Tariffs Risk Economic Setbacks

Posted: 2025-05-08 13:21:31 UTC

@Ed KrassensteinEdKrassen

#Trump

#FederalReserve

#JeromePowell

#tariffs

#economy

#inflation

#unemployment

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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.

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Last Updated

2025-05-08 13:21:58 UTC

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TL;DR;

Federal Reserve Chairman Jerome Powell warns that President Trump's tariffs could lead to inflation, slow economic growth, and increased unemployment, contrasting with traditional Republican stances.

Key Impact Areas

Potential rise in inflation

Slowdown in economic growth

Increase in unemployment

Challenges

Large increase in tariffs

Potential economic consequences of tariffs

Powell Warns: Trump's Tariffs Risk Economic Setbacks

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Key Impact Areas

Challenges

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