Former U.S. Treasury Secretary warns: If Trump fulfills his promise, it will trigger an "inflation crisis" not seen in decades
former US Treasury Secretary Summers said that if President-elect Trump really fulfills his promises, the United States will once again experience a severe inflation crisis. Summers pointed out that Trump's promised domestic tax cuts, increased tariffs, and expulsion of illegal immigrants will seriously impact the US economy. "If he insists on implementing the plans he promised during the campaign, then this country will suffer a greater inflation crisis than in 2021."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
CandyBomb x US: Trade to share 5,400,000 US
[Initial Listing] Bitget to list Almanak (ALMANAK). Grab a share of 4,200,000 ALMANAK
