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Trade War Pain Looms: U.S. Economy Begins to Feel Trump's Tariffs
Not feeling the trade war pain yet? The economic impact of the US-China trade war may still be trickling down to everyday Americans, but experts say it's only a matter of time before consumers start feeling the pinch.
Not feeling the trade war pain yet? The economic effects of the US-China trade war are starting to bite as China's economy begins to show signs of slowing down, with lower-than-expected growth in the first quarter and a slowdown in exports. As the trade tensions escalate, many countries are reeling from tariffs imposed on their goods, leading to increased costs for consumers and businesses. The impact is being felt globally, with far-reaching consequences for industries such as manufacturing and technology.
Brief written with AI from reporting by CNN. All rights to the original story belong to the publisher.