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XLIBearishEconomicnews
High materiality8/10

Trump’s plans for deportations, tariffs and the Fed will jack up inflation, economists say - MarketWatch

Sep 26, 2024, 2:11 PM EDT1 sourcesAI-analyzed

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Trump's tariffs may raise U.S. inflation up to 7.4% by 2026. Manufacturing sector, tracked by XLI, predicted to suffer under Trump's policies. Real GDP may drop by 2.8% to 9.7% by 2028 due to proposed changes. Study suggests mass deportations and tariff increases harm overall U.S. economy.

  • Trump's tariffs may raise U.S. inflation up to 7.4% by 2026.
  • Manufacturing sector, tracked by XLI, predicted to suffer under Trump's policies.
  • Real GDP may drop by 2.8% to 9.7% by 2028 due to proposed changes.
  • Study suggests mass deportations and tariff increases harm overall U.S. economy.

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