Will Trump's policies pay off or will the US fall into recession?

President Donald Trump wants to transform the United States into a manufacturing powerhouse.

His favourite tool to help him achieve that is tariffs. He believes the measures will help bring revenues and relocate factories to the US. The trade-off is many Americans will have to suffer short-term pain for long-term gain.

Consumers are now downbeat on the outlook for the economy, and they are buckling down.

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