⭕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 survey conducted by Reuters among economists.
📍A 90-day trade truce has led to a slight reduction in import tariffs between the two countries, which has somewhat reduced the risk of recession in the United States, but the financial situation is deteriorating, especially with an upcoming vote in Congress on a comprehensive tax bill proposed by President Donald Trump, following a downgrade of the sovereign credit rating by Moody's.
📌According to the survey conducted between May 14 and 21, all participating economists agreed that the Trump administration's policies have harmed the economy, and more than 55% of them indicated that it has caused significant damage.
🇾🇪 #YE_SANAA
