🔴 The US economy is going through a critical period amid fears of the repercussions of a widening budget deficit and the possibility of labor market disruption, in addition to warnings of the economy entering a recession due to strained relations with several major trading partners.

• US President Donald Trump's imposition of large tariffs on major trading partners has caused widespread disruption to the US economy and billions of dollars in losses. However, Trump asserts that the long-term benefits of returning investments to the US outweigh any short-term losses.

• Data from the University of Michigan revealed that 67% of American consumers expect unemployment to rise over the next 12 months, the highest level since 2008.

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