Trump’s plans for deportations, tariffs and the Fed will jack up inflation, economists say

Trump’s plans for deportations, tariffs and the Fed will jack up inflation, economists say

Three signature proposals from Republican presidential nominee Donald Trump — increasing tariffs, curbing the Federal Reserve’s independence and cracking down on illegal immigration through deportations — would hurt the U.S. economy overall, according to a new paper from economists at the Peterson Institute for International Economics, a nonpartisan think tank. 

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