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Chris Temple: Fed Dissent, Trump Tariffs & Stealth Recession - An Economic Deep Dive
Michael Fox and Chris Temple of the National Investor discussed the recent FOMC meeting where two Fed officials dissented, highlighting concerns about the underlying economic weakness and the inflationary risks posed by President Trump's tariffs. They analyzed how revenue from existing tariffs could reach $300-400 billion annually but warned that the long-term economic costs may outweigh these benefits. Chris predicted a negative economic outlook for Q3 if tariff policies continue unchanged.
They also examined Trump's trade policies toward China and Canada, noting the weak justifications for…
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