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Donald Trump is using tariffs to test the reach of American economic power across the Americas. Canada’s deep integration with the US makes resistance costly, while Brazil has more room to turn towards China.
The Trump administration has called the trade deficit a “national emergency,” but economists say it’s actually a sign of a resilient American economy.
In a post on Truth Social, President Donald Trump said that high interest rates put the U.S. at an “unfair disadvantage” in the global economy.