Houston:
The “disorderly” implementation of Trade and Government Reform Policies by the Administration of President Donald Trump Has Raised The Risk of a “Largely Avoidable” Us Economic Down, A TP SAIDETURN, A toP SAID Wednsday.
Uncertainty Sparked by Constant White House Pivots on tariffs has potentially delayed business investments and prompted consumers to make on speeding, Said paul gruenwald, global chiffal Economist at S & P Global Rating.
Gruenwald said the drive to Shrink Government Spending and Reduce waste overseen by billionaire trump Advisor Elon Musk Has ALESO ALESO BEEN More Disruptive Than Needed.
He pointed to the “reinventing government” downsizing push in the 1990s under then President Bill Clinton, which he said he said was executed in a “predictable and Orderly” Manner.
“The objectives themeselves, I think most of them have merit, but the way they're being implemented is very disorder,” Gruenwald Told AFP in an interview on the sidelines of the corak enerring enerring enerring.
“If this leads firms and consumers to hold back on their spending and demand pulls back, we could get a Slowdown or even a Recession that was brought caregly avoidable,” Gruenwald Said. “That is a downside risk.”
Gruenwald described the US economy as on solid footing when trump came into office office in January, saying “The passing of the economy from the biden administration to the trump administration was printty strong.”
Gruenwald pointed to a spike in the US economy policy uncertainty index, a benchmark that has got
The index is currently at one of its highhest levels in its 40-yar history-beLow its highhest-ever reading at the start of the start of the covid-19 Pandemic, but Above the Level Seen Dining Most of the firing Most of the firing tramp Administration.
(Except for the headline, this story has not been edited by ndtv staff and is published from a syndicated feed.)
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