‘We are worried that we are going to slip into a recession’: KPMG economist on stagflation fears

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6 hours ago

The Trump administration has been on a chaotic tariff spree over the past several months, escalating trade tensions with China and unsettling Americans. Most economists say Trump’s monumental bid to reshape global trade is likely to send inflation climbing in the United States and even trigger a recession. CNN business and politics correspondent Vanessa Yurkevich reports, and KPMG chief economist Diane Swonk and former Treasury Secretary and NEC director Lawrence Summers react. #CNN #News

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