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Home»U.S.»Economists say Trump tariff threats, DOGE job cuts are ‘chilling’ the economy
U.S.

Economists say Trump tariff threats, DOGE job cuts are ‘chilling’ the economy

February 28, 2025No Comments2 Mins Read
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Economists say that Donald Trump’s fare-threatening and government staff mass regulations are beginning to be a “cold” effect on the US economy.

“It’s a very difficult business environment because they can’t plan for everyone who will be their cost structure,” Rachel Ziembas said, an older agent in the center of a new American security assistant. “It is added to investment uncertainty and some maintain investments.”

Trump imposes 10% rates about Chinese imports, and 10% plus Imposed Canada and Mexican rates in 10%. Trump also said that he will impose “mutual tariffs”. Trump finally does not move forward with all his fare threats, empty uncertainty has a cold effect.

“If one of your factory entries rose by 25%, it may cut your production and maybe some people will have to fire us,” he added Ziemba.

Elon Musk provides notes by President Donald Trump in the White House in February 2025 in Washington, February.

Andrew Harnik / Getty Images

Meanwhile, government efficiency staff entered the country’s federal employee “In addition, it also causes consumption because people lose jobs or to lose jobs, so it can cause more money,” Ziemba said.

This week, the Survey of Congress Consumers has found that since August 2021 has had the largest decrease in the month.

“Current labor market conditions have been weaker about future business conditions and future income. He aggravated pessimism about future employment perspectives,” Stephanie Guichard said the main economist for global indicators on the conference board.

“The expectations of the average 12-month inflation in February rose by 5.2% to 6%. This increase reflects a mixture of factors, including adhesive inflation, but also at the price of renal kidney prices and expected tariff prices.

Canada and Mexican tariffs would have an intense effect, as it is the largest trade partners in America. It can upload prices in the grocery store and gas pump. Ziemba also noticed that the cost of cars could increase several thousand dollars.

“Every time the car parts crosses the border, 25% rates could be very good,” Ziembak said. “We can see that the cost of building a house has risen quite significantly.”



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