Feb. 25 at 7:08 AM
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"Trump’s Latest Tariff Flip-Flop: Opposing Refunds After Promising Them In Court"
A recession is right around the bend.
When these refunds are issued the economy will be looking much closer to stagnant than growing:
" (CBO) revised 2025 deficit estimates downward by
$0.2 trillion (
$200 billion) due to higher projected revenues and lower outlays, but this adjustment was associated with relatively stable growth projections, with real GDP growth for 2025 cited around 1.9% to 2.2% in different reports."
* This is before the negative revision of the projected
$175 billion refunds.
https://www.forbes.com/sites/alisondurkee/2026/02/24/trumps-latest-tariff-flip-flop-opposing-refunds-after-promising-them-in-court/