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What 3 economists say is in store in a second Trump economy

Janna Herron
Sun, September 29, 2024 at 9:00 AM EDT
7 min read

"Chaos." "Destructive." "A big hit to people's pocketbooks."

That's what the economy will look like under a second Trump administration, according to three economists across the policy spectrum, if the GOP presidential candidate enacts the two major policies he's promising on the campaign trail: huge tariffs and mass deportations.

Americans will face higher prices and product shortages from the tariffs, they say, while consumer spending will suffer and jobs remain unfilled, harming local economies dependent on immigrants.

While they differ on degree, these experts all agree under these policies that the economy will go the same way — in the wrong direction.

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