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๐Ÿ“ˆ Business

Iran War and Trump Tariffs Put US Economy Under Double Pressure

Renewed US military conflict with Iran is driving oil and gas prices sharply higher, while President Trump has simultaneously imposed new global tariffs that risk pushing prices even further. The twin pressures threaten to undermine an otherwise resilient US economy. Analysts warn of a potential stagflationary scenario combining rising prices with slowing growth.

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