This week will signal whether tariffs are hurting the economy

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Apr 21, 2025 - 14:31
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This week will signal whether tariffs are hurting the economy

Ever since President Donald Trump announced his big tariff plans on April 2, battles about how the tariff may hurt the U.S. and the global economy have raged.

The financial markets have been deeply skeptical of the idea that the plan will do much for the economy. The Standard & Poor's 500 Index fell 10.5% in the two days after the announcement.