New York CNN —
US stocks have rocketed back to all-time highs. The unemployment rate remains historically low. And the inflation rate is lower than when President Donald Trump took office.
These developments could embolden the White House to play hardball on trade, taking a tougher stance in negotiations with other nations and threatening sky-high tariff rates.
But those positive milestones might have a negative side effect: lulling Trump officials into believing the economy is safe from harm fueled by the president’s trade war.
Many economists and trade experts worry the damage
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