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It's Beginning to Smell a Lot Like Stagflation

And it's all about Trumponomics

When Donald Trump announced his Liberation Day tariffs on April 2, many economists declared that the economy was headed for stagflation, with a number outright predicting recession. Stories are proliferating of crops left to rot in the fields because farmers can’t find anyone to harvest them, construction projects hobbled by ICE raids and a climate of fear, and more. What seems to have happened so far is that U.S. companies rushed to import and stockpile foreign products before the Trump tariffs went into full effect, and are still to a large extent selling out of those stocks.

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