In the face of higher tariffs on virtually everything the United States imports, plus a Middle East crisis, the United States economy has, remarkably, held its ground. Inflation has mostly held steady, while the unemployment rate remains near historic lows. Stocks, meanwhile, hit fresh record highs last week.
That could soon change as crucial deadlines near.
The first is July 9, which marks the end of President Donald Trump’s 90-day pause on what he termed as “reciprocal” tariffs on dozens of America’s trading partners. Unless those countries reach trade deals with
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