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Trump's Deficit Plan vs Rising Rates

Trump's Deficit Plan vs Rising Rates

Published 4 days, 14 hours ago
Description

Interest rates are soaring as governments worldwide tighten lending amid inflation, AI spending, and war fallout—slowing economies and fueling political fire. Trump’s deficit-cutting pitch hinges on fraud crackdowns and tariffs, but economists scoff: debt servicing costs tripled, tax cuts add trillions, and his magic math won’t balance the books. Investors are watching closely as the national debt looms larger than ever.

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