2035 US economy could decline 6.7% under Trump's proposed policies, including tariffs and mass deportations.

A study by the Peterson Institute for International Economics predicts that Donald Trump's proposed economic policies, if enacted, could significantly weaken the US economy, with an estimated decline of up to 6.7% by 2035. Key measures include steep tariffs, especially on Chinese imports, and mass deportations of up to 20 million undocumented immigrants. Australia could also see a minor impact, with its economy projected to weaken by 0.2% under extreme scenarios.

October 08, 2024
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