Mars Financial News: "If the US government implements these higher tariffs without significant exemptions, the economy will find it difficult to absorb this impact. An economic recession seems more likely," said Mark Zandi, chief economist at Moody's Analytics. Zandi added, "In many ways, the tariffs announced by Trump are even worse than the worst-case scenario he envisioned. If they persist, I will fasten my seatbelt and prepare for the impact."
Moody's: Buckle up for a shock if Trump doesn't remove tariffs
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