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2025 Year in Review_ Trump tariffs, Charlie Kirk, Zohran Mamdani, Rob Reiner and more

In 2025, the political and cultural landscape was defined by aggressive economic shifts, high-profile tragedies, and historic electoral outcomes. While the U.S. trade deficit narrowed significantly by September, the policies contributed to market volatility, with the S&P 500 experiencing sharp swings in early 2025. Households faced an estimated average tax increase of $1,100 to $1,300 due to rising consumer prices.

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