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The outlook for the U.S. economy remains weak, despite a temporary calm in the trade war between the United States and China, according to a Reuters poll of economists.

📍A 90-day trade truce led to a slight reduction in tariffs on imports between the two countries, which slightly reduced the risk of a U.S. economic recession. However, the financial situation is deteriorating, especially as Congress approaches a vote on a comprehensive tax bill proposed by President Donald Trump, following a downgrade by Moody's of the sovereign credit rating.

📌According to the poll conducted between May 14 and 21, all participating economists agreed that the Trump administration's policies have harmed the economy, with more than 55% stating that they have caused significant damage.