- The 90-day truce in the U.S.-China trade war reduces the risk of product shortages and makes a recession less likely in the short-term. But it does little to lift the cloud of uncertainty that has hung over the U.S. economy since Trump took office. My story: www.nytimes.com/2025/05/13/b... #EconSky
- A 30% tax hike on goods from China, substantial layoffs in government, science and medicine, no ships in transit, and massive uncertainty about what the mad king will do next and you think the economy is just going to hum along?May 14, 2025 03:04