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America faces a Trumpian economic slowdown


Protectionist threats and erratic policies are combining to hurt growth

Photograph: Getty Images “The golden age of America begins right now.” So declared Donald Trump on January 20th in his inaugural address. In the six weeks since that chilly day, investors and economists have started to grapple with a less upbeat possibility: that his arrival in the White House is both causing and coinciding with a period of weakness for America’s economy.

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