A Perfect Case for Congressional Action
President Donald Trump sent the global economy into turmoil last week by imposing tariffs on all foreign goods arriving in the United States. Then he altered his own policy, announcing Wednesday that, excepting a 145 percent tax on goods from China and a 10 percent general tariff, he was pausing the new levies for 90 days. At a moment’s notice, another policy change or even a pointed social-media post from Trump could alter the global business climate, further deplete Americans’ retirement accounts, increase the already growing risk of a recession,…
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