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Larry Summers Predicts US Recession, 2 Million Job Losses

Economy And Jobs

Newsweek
From the Center
Newsweek
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Larry Summers has predicted that the U.S. could enter a recession because of President Donald Trump's tariff policies.

Why It Matters

Since Trump announced a minimum tariff of 10 percent on imports from nearly all U.S. trading partners last Wednesday, experts have expressed concerns about a potential recession as markets tumbled.

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